On Wednesday there were encouraging developments in Greece and energy stocks had a good day, and most broadcast stocks were able to follow the market’s upward trajectory. Cumulus led the way.
The RBR Radio Index rose 8.067, or 1.1%, to 744.478.
The TVBR Television Index rose 5.373, or 0.6%, to 967.929.
Cumulus, up 5.2%
Entravision, up 3.4%
Entercom, up 3.3%
Emmis, down 3.4%
SBS, down 1.5%
CBS, down 0.6%