VIDEO : CEO Les Moonves' Exit Causes CBS Stocks To Drop

According to broadcastingcable.com, CBS's stock is tumbling on the heels of its CEO's departure.
News of CEO Les Moonves' exit was announced Sunday evening.
This caused CBS stock to drop on Wall Street in early trading Monday.
CBS stock traded at about $54 a share, down more than 3%.
Moonves left amid accusations of improper behavior over the course of a long TV career.
Analysts expressed concern that without him, CBS won?t turn out consistently successful shows.