U.S. financial markets sank in Thursday’s trading, as the Dow Jones Industrial Average fell 167.78, to 21,286.83, and the Nasdaq Composite was off 90.06, to 6,144.35.
For media stocks, it was a session full of mixed activity, as Townsquare Media improved 5.2%, to $10.38, and iHeartMedia saw a welcome again, advancing 3.2% to $1.50.
Pandora‘s recovery continued, with the streaming audio company rising 2.6%, to $9.15.
Among the key decliners on Thursday were Beasley Broadcast Group, off 2% to $9.75, and Saga Communications, down 2.3%, to $46.
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