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Broadcaster Shares Rally on Aereo Decision

By Columns FOXBusiness

A slew of broadcasters are rallying after the Supreme Court ruled against tech firm Aereo, which enables users to stream broadcast television networks over the Internet.

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Among the big-name firms posting a solid performance are CBS (CBS), Time Warner Cable (TWC), Walt Disney (DIS), and 21st Century Fox (FOXA), the parent of FOX Business Network.

Ticker

Security

Last

Change

% Chg

(SBGI) Sinclair Broadcast Group, Inc. Class A

33.44

4.20

14.36%

(SSP) E. W. Scripps Company Class A

20.28

1.35

7.13%

(CBS) CBS Corporation Class B

61.56

2.72

4.62%

(TWC) Time Warner Cable Inc.

145.00

1.70

1.19%

(FOXA) Twenty-First Century Fox, Inc. Class A

34.63

0.42

1.23%

(DIS) Walt Disney Company

83.63

0.95

1.15%

(CMCSA) Comcast Corporation Class A

53.12

0.48

0.90%

(DISCA) Discovery Communications, Inc. Class A

74.56

0.22

0.30%

 

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