Tuesday will see Entercom‘s C-Suite gathered to discuss the company’s Q1 2019 performance. A strong quarter is anticipated, and this likely led investors to snap up ETM shares ahead of what could be a big surge in share value on Tuesday.
At the Closing Bell, Entercom was up 2.3% to $6.76 on average volume.
Trading was largely positive across Monday’s trading session, and the climb continues a month-long surge from a year-to-date low of $5.24.
Still, a $7.65 finish seen on February 20 is the new benchmark for Entercom, and just how strong the company performed in Q1 will determine just how long it takes to match or exceed that price.