A Step In The Wrong Direction For ETM

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On May 21, it appeared that Entercom Communications shares were starting their big comeback from COVID-19 fueled lows that put ETM as low as $0.77 in early April.


By June 8, a $2.45 finish was seen for the issue, traded on the NYSE.

With Thursday’s close, one may begin to wonder if renewed COVID-19 concerns, and their impact on pro sports, are weighing heavily on an audio media company with a heavy exposure in a variety of sports leagues.

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