WB - Snap Twitter among best Communications gainers for week while AMC slips again

Social media stocks took a place among the week's gainers, while Chinese names and AMC (again) settled into losers, in the week's top movers in Communications Services stocks. The sector was a net decliner for the week, falling 0.69% as a group during that time span, ninth best of the 11 S&P 500 sectors. That was a small disconnect from the market at large, which started the week poorly amid the Evergrande story out of China but rallied to a positive finish. And this week Snap (NYSE:SNAP) was the beneficiary of positivity, rising as the week went on to an 11.2% overall increase, punctuated by Friday's 4.7% gain to a new all-time high of $83.34. News Corp. (NWS, NWSA) share classes logged the next-best gains, moving up from midweek when the company announced a new $1 billion stock repurchase program. And Twitter (NYSE:TWTR) rose 7.6% for the week to join top

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Snap, Twitter among best Communications gainers for week, while AMC slips again