While the S&P 500 and Nasdaq were in the process of setting new highs, radio stocks we follow were in the process of shedding value. Television results were tepid but in the black.
The RBR Radio Index fell 19.484, or 2.5%, to 751.600.
The TVBR Television Index rose 2.457, or 0.3%, to 967.507.
CBS, up 1.8%
Beasley, up 0.8%
Tribune, up 0.4%
Radio One, down 7.3%
Emmis, down 5.7%
iHeart, down 4.4%