Another Wall Street Rebound For Media Stocks


U.S. financial markets enjoyed another positive session on Wall Street on Wednesday, as the Dow Jones Industrial Average gained back 253.04 points to close at 24,893.49. Nasdaq was up 130.10, to 7,143.62.

Among the media companies also enjoying a step in the right direction: Entercom.

At the Closing Bell, ETM shares were up 25 cents, rising 2.5% to $10.30.

Also heading in the right direction is Townsquare Media, with a 7-cent rise to $6.95.

On the decline, among other companies, was Beasley Media Group. Shares of BBGI were off 30 cents, for a 2.4% dip to $12.05.