On Christmas Eve 2018, two large radio broadcasting companies with publicly traded stock saw their shares sink to unfortunate lows. Entercom was priced at $5.42; Beasley Broadcast Group stock was $3.63.
The start of 2019 brought what appeared to be a welcome turn of the corner from those dips. However, with Thursday’s end of trading on Wall Street, only one of these two companies appears to be a true rebound situation.
