On 3/17, Marci Ryvicker, Wells Fargo Securities Senior Analyst, announced a Television stock sector downgrade 3/17. With all of the pressure from the 3/31 FCC vote and bills in Congress that seek hinder the business of broadcast television, we mentioned a few times this would come. And it did. But now they’ve announced a turnaround:
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On 3/17, Marci Ryvicker, Wells Fargo Securities Senior Analyst, announced a Television stock sector downgrade 3/17. With all of the pressure from the 3/31 FCC vote and bills in Congress that seek hinder the business of broadcast television, we mentioned a few times this would come. And it did. But now they’ve announced a turnaround:
