Is It Time to Buy the S&P 500's 2 Worst-Performing March Stocks?
April 1, 2021 7:19 AM newsfeedback@fool.com (James Brumley) Posted: Updated: Last month ended up being a decent one for stocks. The S&P 500 gained 4.6% in March, touching record highs on the last day of the month. Not every name fared so well, though. Indeed, a couple of S&P 500 constituents tumbled in a big way. Shares of television media outfit ViacomCBS (NASDAQ: VIAC) (NASDAQ: VIAC.A), fell 34%. Shares of rival TV outfit Discovery (NASDAQ: DISC.A) (NASDAQ: DISCK) were also off, to the tune of 25%. The common thread is obvious. Both are in the same industry, and more than that,...
Source: news8000.com