A mixed trading session on Friday for overall stocks was mirrored in the media sector, as iHeartMedia continued its recent growth spurt, gaining 2% to finish the week at $3.52.
In contrast, Spanish Broadcasting System (SBS) suffered a 7.8% dip on scant trading volume, finishing at 83 cents.
In other activity on Friday, Townsquare Media was off 0.3, dipping to $11.68, while Entercom slipped 0.9%, to $13.88.
The day’s big gainer among radio companies was Beasley Broadcast Group, which improved 1.2%, to $12.25.
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