The last day of trading before breaking off trading in order to celebrate Independence Day was lackluster – as a group, broadcast stocks followed by RBR+TVBR were slightly down. But Emmis stormed back from a sub-one dollar valuation with a double digit gain.
The RBR Radio Index fell 1.159, or 0.2%, to 723.567.
The TVBR Television Index fell 1.960, or 0.2%, to 964.306.
Emmis, up 10.1%
Gray, up 1.5%
Sinclair, up 1.0%
iHeart, down 4.3%
Salem, down 3.8%
Radio One, down 2.0%