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Why These Media Companies Surged Tuesday

TheMotleyFool

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Why These Media Companies Surged Tuesday

Shares of Roku (NASDAQ: ROKU), Discovery (NASDAQ: DISCK), and AMC Networks (NASDAQ: AMCX), a collection of well-known media and streaming stocks, jumped 8%, 11%, and 14% Tuesday, respectively, as the broader markets logged huge gains Tuesday -- the Dow posted its best day since 1933.

Despite the significant rebound Tuesday, stocks have still plunged over the past couple of months.