This Just In: The Media ETF is Soaring
July 07, 2014 at 09:00 AM EDT
There was a time earlier this year when the declines in consumer discretionary and media stocks, both old and social media, were so severe that the PowerShares Dynamic Media Portfolio (NYSEArca: PBS) was found among 2014’s 10 worst non-leveraged ETFs. On the back of a legitimate rebound by momentum...