The Fed was said to soothe stock traders in time to send the market up in Wednesday trading, and Emmis just missed scoring its second double-digit gain in a row. But the TV stocks we follow apparently didn’t get the memo.
The RBR Radio Index rose 2317, or 1.4%, to 693.716.
The TVBR Television Index fell 3.672, or 0.4%, to 949.010.
Emmis, up 9.8%
Radio One, up 6.8%
Saga, up 3.2%
iHeart, down 6.8%
Media General, down 2.4%
Gray, down 1.5%