Music Business

Sony, Vivendi, Apple, Pandora, SFXE All Fall As Global Markets Tumble

down arrowsMusic and entertainment related stocks fell on Monday as the global stock market continued a three day tumble.  New York Stock Exchange officials said they would halt all trading for at least 15 minutes if the decline reached 7%.

Mid-morning Monday, there were signs that the steep stock market decline was slowing or even recovering slightly.  

As of the 11 AM the S&P 500 and most other indexes were down 2.8%. That meant that music and entertainment stocks were keeping pace with the broader markets:

Pandora (P) -1.8%

Facebook (FB) -2.5%

Apple -1%  after falling as much as 10% in early trading

SFXE -7,24%

Vivendi SA -2.25% 

Sony Corp -$5.25%

You can follow multiple entertainment stocks in real time with our stock ticker located in Hypebot's middle column.  We've moved the ticker to the top today to reflect current market anxiety.

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