Beasley Shares Slip Below $3 Mark


U.S. financial markets were largely up on Thursday, with the Dow Jones Industrial Average climbing 372.68 points, to 26,728.15. Nasdaq was up 139.95 points, to 8,116.83. Yet, it wasn’t a great day for Meredith Corp. … or for Beasley Media Group.

The company trading as “Beasley Broadcast Group” under the ticker symbol BBGI saw its shares fall 1.7% to $2.96 in trading on Thursday.

Volume was slightly above average, with some 49,950 shares trading; average volume for Beasley is 47,076.

With BBGI going ex-dividend on Sept. 27, Beasley stock is now at levels last consistently seen in July 2009.