$SBGI is one of biggest losers #stocks today. read more:

Sinclair Broadcast Group, Inc. (symbol: SBGI) was one of the worst losers
of the trading day today (2016-09-20), losing -9.38%. The number of shares
that changed hands was 5,461,853, or about 7 times the average daily volume
in the stock.
The closing price was $25.99, amounting to a market cap of $2,450,000,000,
about -27.58% off the highest price in the last 12 months. The stock has
been trading at a range between $24.8 and $35.89.
SBGI is in the Broadcasting industry, part of the Consumer Services sector.
It first went public in 1995.
Looking at its valuation, the stock is now trading at 14.2 times earnings.