Capital Gains Tax Worry Sends Stocks Sliding

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Concerns about higher capital gains taxes, courtesy of President Biden, fueled a sharp decrease in general indices on Wall Street.


Did the Thursday dips include media stocks?

Nope.

Audacy reversed a downtrend with a 2.6% improvement, bringing AUD to $4.75.

Also up: Cumulus Media, rising 4 cents to $9.63, and iHeartMedia, rising 17 cents to $19.62.

Among broadcast TV companies, Nexstar Media Group shares finished at $154.32, rising 31 cents. Sinclair Broadcast Group stock improved by 70 cents, to $32.36.

The day’s big gainer: Dish, which gained $1.01 to $41.95 on word that its Sling has an audience measurement accord in place with Comscore.

 

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