Another Southward Stock Slide For SBS


Spanish Broadcasting System (SBS) saw its financial health significantly improve in Q1, with the company revealing June 29 that its steep net loss shrunk from $10.84 million ($1.49 per share), to a net loss of $3.37 million (46 cents per share).

That said, SBS has its challenges. On Thursday, shareholders expressed displeasure with SBS by sending shares down 30%. 

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