Thanks to a late afternoon rally, Beasley Broadcast Group ended a steep slide of its stock value by managing to recoup 5 cents in Thursday’s trading.
That lifts BBGI to $7.35 — a value $3.50 lower than where Beasley shares opened last Friday’s trading session.
Trading was brisk once again for Beasley, with volume of nearly 140,000 shares. Average volume is 37,184 shares.
In other activity on Wall Street, Entercom was down 20 cents to $7.75.
Entravision declined 10 cents to $4.45 as Súper Estrella Clásica made its debut on KDLD-FM & KDLE-FM in the Los Angeles basin and Orange County, Calif.
Sinclair Broadcast Group was down 40 cents to $26.65.