FWONK - AMC Bilibili pace a week of backsliding in Communications stocks

The Communications Services sector took it on the chin this week - the worst decliner among the 11 S&P 500 sectors, which is saying something after a week where the market as a whole sold off. Comms Services stocks fell 2.92% as a group, during a defensive period in which Utilities proved to be the only gainers among sectors. That mean that highlights in the sector were few and far between. The top gainer among large-cap stocks was Zillow Group (Z rose 8.6% and ZG rose 7.9% for the week), salvaging a likely weekly decline with its one-day performance on Friday, when it updated its Offers wind-down and said it would buy back up to $750 million in shares. América Móvil rose 7.3% for the week, bumping up on Wednesday amid a surge in volume of buying the company's bonds. Endeavor Group pulled off a 3.4% gain, enough to join

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AMC, Bilibili pace a week of backsliding in Communications stocks