Apple led the market lower on Wednesday – 2/15/12


Worries about a legal dispute threatening Apple iPad sales in China sent the tech giant’s stock lower on Wednesday and weighed on the broader market. The Dow Jones Industrial Average was off 97 points, or 0.8%, to 12,781. Broadcasting stocks did not escape.

The RBR Radio Index was down 4.622, or 1.3%, to 356.740.

The TVBR Television Index was down 4.887, or 1.8%, to 261.511.

SBS, up 4.5%
Emmis, up 2.3%
Radio One, up 0.9%

Arbitron, down 7.2%
Gray, down 5.1%
Entercom, down 4.7%