Tuesday brought more challenges for Beasley Broadcast Group shareholders. The final hour of trading saw a dip in share value that only accelerated as the Closing Bell rang.
At day’s end, a nearly 3% drop in value was logged. This means BBGI will open Wednesday’s trading at $3.97, following today’s 12-cent dip.
Beasley is poised to go ex-dividend on March 28.
But, shares are going in the wrong direction and are now at a year-to-date low, with less than two weeks remaining in Q1.
Beasley holds a 1-year target estimate of $6.
How did other media stocks fare on Tuesday? Visit the Wall Street Report on the homepage of RBR.com for a quick look!
