Communications Services Down On Rotation Into Other Sectors - Communications Services Roundup

Communications services companies ticked down as traders rotated into technology and defensive sectors.

Shares of media giant such as CBSViacom and Walt Disney slipped.

Chernin Entertainment, the studio behind movies and TV shows including "Fear Street" and the "Planet of the Apes" reboot series, has tapped bankers to explore options including a sale of a stake in the business or other equity partnership, The Wall Street Journal reported.

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(END) Dow Jones Newswires

11-19-21 1716ET