Broadcasters Post Gains in Thursday Trading

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On average, the market was kind to broadcast stocks, but not too kind. A few companies tripped, but more were up than down and Emmis carried its winning streak as the gain leader to a third day.


The RBR Radio Index rose 5.606, or 0.8%, to 699.322.

The TVBR Television Index rose 6.464, or 0.7%, to 955.474.

Winners
Emmis, up 7.4%
SBS, up 5.1%
Entercom, up 3.1%

Losers
Radio One, down 5.7%
Cumulus, down 3.8%
iHeart, down 0.8%

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