Until one week ago, Beasley Media Group stock hovered near the $2 mark, with small fluctuations seen across much of December 2021 and into the first half of January 2022.
This seemed to be a stabilization point for the company’s shares, which began a downtrend to start the fourth quarter of 2021. With Beasley poised to release its Q4 and full-year 2021 fiscal results within the next 2 weeks, BBGI is showing particular weakness on the Nasdaq market. As of midday Wednesday, a new 52-week low was taking shape.
At the Closing Bell, a 1-cent gain was eked out.