A number of factors tended to move stock prices downward, and broadcasters had the misfortune to go along with the crowd. In fact, there was no positive news to report. iHeart and Entravision at least broke even.
The RBR Radio Index rose fell 2317, or 0.3%, to 792364.
The TVBR Television Index rose fell 3154, or 0.4%, to 823023.
Cumulus, down 6.6%
SBS, down 6.4%
Beasley, down 5.3%