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Cable stocks hit as Dow plunges again

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Stocks in publicly traded cable companies and technology vendors were pounded Thursday, as the Dow Jones Industrial Average plunged nearly 500 points amid concerns about the world economy.

By 11:15 a.m. ET, Cablevision (NYSE: CVC) was trading at $17.60, down 5.7 percent, while Comcast (Nasdaq: CMCSA) had dropped 3.4 percent to $20.30. Charter (Nasdaq: CHTR) was down 3.7 percent to $45.65, while Time Warner Cable (NYSE: TWC) dropped 3 percent to $63.03.

Top cable hardware provider Cisco (Nasdaq: CSCO) was also hit, dropping 4.6 percent to $15.12. TiVo (Nasdaq: TIVO) was trading at $8.21, down 4.4 percent.

For more:
- see Bloomberg's story about U.S. stocks tumbling

Related articles:
Wall Street pounds cable stocks
Cable stocks rebound in morning trading


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