Shopping Cart
Media and Tech vs. Coronavirus Chaos - The Epic Showdown - March 8, 2020

Media and Tech vs. Coronavirus Chaos - The Epic Showdown - March 8, 2020

$0.00

While coronavirus wasn’t even on the radar screen of investors at the start of the decade, it’s become the front and center headline every day with market coverage. There is obvious headline risk on a day to day basis as new developments occur, but major public health events have impacted the market before: SARS, Ebola, etc. and while every situation is different, we’d be surprised if this crisis isn’t eventually solved. We haven’t made any long term changes to our models past the next 12 calendar months from the effects of coronavirus – largely because, like everyone else, we don’t know what the long term ramifications may be. That said, within our coverage universe, we’ve cut estimates to two of our six companies...

Read the rest in the note.

Companies covered in the report: WWE, Sinclair Broadcast Group, E.W. Scripps, Netflix, Facebook, and Lions Gate Entertainment.