Cumulus’ Wild Nasdaq Return


August 1 marked Cumulus Media’s grand return to the NASDAQ Global Market. While there wasn’t much activity for “CMLS” shares, there was a lot of volatility.

Even so, Cumulus’ closing price is better than the value of its short-lived “CMIA,” as the company led by CEO Mary Berner begins another new chapter following her company’s emergence from Chapter 11 bankruptcy protection.

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