Thursday, November 29, 2007

Keeping Score at Home

A reader emailed us an interesting observation about the stock prices of the four companies we're striking against whose core businesses are entertainment (ie: not GE and Sony). From day one of the strike (Nov 5) until yesterday, the stock prices have all declined:

  • CBS -4.5%
  • Disney -6.4%
  • Viacom -3.8%
  • News Corp -2.0%
    Source: CNNMoney.com

  • Of course, many things factor into a company's stock price, but if you're a shareholder, you might suggest to your board that one way to boost confidence would be fostering productive, mutually beneficial relationships with the creators of some of your biggest revenue streams. A crazy notion, we know!

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