Wall Street’s comeback after two days of steep losses began in earnest in the final hour of trading Tuesday, as the Dow Jones Industrial Average rebounded with a 567.02-point jump to 24,912.77.
It was a volatile trading day, with activity up and down until 2:30pm Eastern, when the climb upward truly began.
Nasdaq was also up, rising 148.36 points to 7,115.88.
Did media companies benefit from the overall recovery effort?
Saga Communications saw a jump, climbing $1.05 to $37.55 as the company announced that it will release its Q4 and Year End 2017 results at 9am Eastern on Tuesday, March 6. The company will be holding a conference call on the same date at 11am Eastern to discuss the results.
For Beasley Broadcast Group, yesterday’s lone gainer among media companies, BBGI shares declined, with a 25-cent fall to $12.45.
Pandora Media shares lost 8 cents, falling to $4.83.
Dipping 10 cents, to $4.25, is Salem Media Group.
