CBS stock fumbles despite solid Q2 results

Just a couple of days after the CBS board ordered an investigation against the CEO Les Moonves, the company reported better-than-expected second quarter results after the bell. The mass media firm reported 6% jump in revenues to $3.47 billion due to broad-based growth recorded on all revenue streams. Earnings came in at $1.12 per share, … Continue reading CBS stock fumbles despite solid Q2 results