BBGI: A Day Trader’s Delight?


On Friday, tongues were wagging about the big jump in value across the day’s trading on atWall Street for Beasley Broadcast Group. At the Closing Bell, BBGI was at $3.86. Two days earlier, it was at $2.45.

Some industry observers speculated that the jump was thanks to day traders, and was not a sign of a fast-track to long-term recovery for a deeply undervalued broadcast media issue.

It turns out that day traders just may have left their mark on Beasley Media Group.

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