A Day Of Recovery For Media Stocks


U.S. financial markets enjoyed a positive mid-week trading session on Wednesday, as the Dow Jones Industrial Average gained 230.94 points, to 24,264.30, and the Nasdaq composite index was ahead by 100.83 points, to 7,042.11.

Important gains came from Entercom and Townsquare Media. For ETM shares, Wednesday brought a 3.2% improvement, to $9.70.

For Townsquare, up and down activity seen since the start of January continued, but in a positive way. At the Closing Bell, TSQ shares were at $7.77, thanks to a 1.6% gain.

Townsquare has been bouncing between $8.15 (on March 13) and $6.55 on (Feb. 5) since the start of 2017.

Want more? Visit the Wall Street Report on the homepage of RBR.com for a look at all of today’s closing prices for key media stocks.