Another Mixed Day for Broadcasters

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The stock market was up in Thursday trading in anticipation of an upcoming employment report, but that didn’t help radio stocks stay above water. However, the loss in radio stock value was minimal, and television stocks added value.


The RBR Radio Index fell 0.839, or 0.1%, to 716.364.

The TVBR Television Index rose 9.041, or 1.0%, to 959.858.

Winners
iHeart, up 3.9%
Cumulus, up 3.2%
CBS, up 2.6%

Losers
Emmis, down 4.0%
Salem, down 2.2%
Saga, down 1.5%

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