Investors seemingly pulled the emergency brakes on CBS Corp. on July 27 as word that multiple women in a New Yorker story were accusing chairman and CEO Leslie Moonves of sexual misconduct. The stock closed down 6 percent. While some industry figures were quick to speak out in defense of or against Moonves, there was a hush of shell-shocked silence among many analysts as they went into the summer weekend trying to ga…
SOURCE: The Hollywood Reporter at 08:26PM on July 30, 2018