HBO Streaming Service Boosts Time Warner (NYSE: TWX) Stock, Signals Major Industry Shift
October 16, 2014 at 14:39 PM EDT
Time Warner Inc. (NYSE: TWX) CEO announced yesterday (Wednesday) that HBO will offer its own online-streaming service starting in 2015. The news boosted TWX stock significantly. Immediately following the announcement, TWX stock soared 8.7% in just over 30 minutes. Today, TWX stock opened up 1.1% today and quickly climbed another 3.9% in early trading. The post HBO Streaming Service Boosts Time Warner (NYSE: TWX) Stock, Signals Major Industry Shift appeared first on Money Morning - Only the News You Can Profit From .