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The entertainment industry is just one sector of many that has seen the effects of a volatile stock market over the past year, along with a prevailing trend of more extreme fluctuations in price.
As of market close June 2, the leading entertainment conglomerates — Disney, Paramount Global and Fox — all underperformed the S&P 500’s 12% gain so far this year.
These companies topped an even more woeful first half of 2022, when all the aforementioned businesses were down by double digits in market cap versus the same period a year ago.
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