Broadcast stocks edge up on Friday


It truly was Black Friday for most broadcast stocks, with results listed in black ink on the day after Thanksgiving. ACME was a big winner, but on a gain of only one cent – a feat made possible by a price significantly less than a dime. The more genuine winner of the day was Emmis.

The RBR Radio Index rose 8.331, or 1.0%, to 845.279.

The TVBR Television Index rose 11.598, or 1.3%, to 878.837.

ACME, up 12.0%
Emmis, up 5.2%
SBS, up 2.3%

Gray, down 2.0%
Entercom, down 0.6%
Saga, down 0.5%