Bloodbath: Almost $8b in value wiped from ASX listed media stocks in 2022 - Sydney Morning Herald
6/5/2022 12:00:00 AM2 years 10 months ago
by Zoe Samios
by Zoe Samios
Shares in ASX-listed media companies have taken a nosedive due to rising interest rates and fears of a recession.
Nearly $8 billion has been wiped from the market value of Australias largest media companies since the beginning of the year as rising interest rates and fears of a recession spook investors. Compan… [+2717 chars]
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