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.
