Google, Facebook, Comcast: Battle Lines Drawn for Modern Media Megaliths

MarketsETF Trends

This article was originally published on ETFTrends.com.

Thanks to massive mergers, property exchanges and a dramatic shift away from traditional to dynamic digital outlets, the American media landscape has narrowed drastically over the past decade. This consolidation makes the composition of the new Direxion Daily Communication Services Index Bull 3X Shares ETF (TAWK) an interesting bellwether of the average American’s media diet and paints [...]

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