Another Worrisome Wall St. Session for BBGI


The woes on Wall Street continued Thursday for audio media company Beasley Media Group.

A new 52-week low was seen, and at 11:30am Eastern shares reached $1.15 — a price last seen in early February 2009.

With today’s close on the Nasdaq Global Market, BBGI was at $1.23, down 2.4% from Wednesday.

It marks another new 10-year low for Beasley shares, and puts BBGI 14 cents lower than its COVID-19 fueled dip to $1.37 on March 23.

Meanwhile, BBGI’s year-to-date best came on June 19, when — aided by daytraders — the company’s shares reached $3.86.