The question is, were broadcasters able to tap into the energy created by a comeback for energy stocks? The answer: Oh my, yes. In particular, Radio One had another awesome day, picking up almost 50 cents per share and nearly a 20% gain.
The RBR Radio Index rose 18.444, or 2.6%, to 739.309.
The TVBR Television Index rose 15.701, or 1.8%, to 889.813.
Winners
Radio One, up 19.7%
Cumulus, up 4.6%
Gray, up 3.8%
Losers
SBS, down 3.0%
Salem, down 2.7%
Entravision, down 0.8%