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Ticker Check: Radio Stocks Bounce Back As Wall Street Rebounds
August 27, 2015 at 2:27 PM (PT)
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WALL STREET enjoyed its second straight up day after two days of dramatic declines, and most radio stocks rose with the tide. With the DOW JONES average up almost 370 points and the S&P up over 47 points, eight of 12 radio stocks wenr up, three have dropped and one is unchanged.
The specifics:
BEASLEY BROADCAST 4.16, +5 cents
CBS 45.25, +90 cents
CUMULUS 1.45, +6 cents
EMMIS 1.13, +2 cents
ENTERCOM 9.87, -35 cents
ENTRAVISION 7.49, +5 cents
RADIO ONE 2.70, +18 cents
SAGA 35.47, +8 cents
SALEM 6.00, -18 cents
SIRIUSXM 3.59, unchanged
SPANISH BROADCASTING SYSTEM $5.50, +1 cent
TOWNSQUARE 11.00, -2 cents