Despite a late-session rally, Audacy shares declined for the second-straight session, putting new scrutiny on a glowing seal of approval on the company formerly known as Entercom from a key Wall Street investor blog.
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On average volume, AUD finished Wednesday (4/21) at $4.63, down 5.1% from Monday, a day when shares also saw a significant dip in value.
The decline puts AUD at a place it’s not seen yet — technically.