Among the notable after-hours movers on Wall Street tracked by Seeking Alpha late Thursday was Entercom Communications. As of 5:45pm Eastern, ETM was off 4.9% from where it was at the Closing Bell.
As of 10:20am Friday, with trading officially open, Entercom shares were off 2.7%. By noon, a 6.4% decline was seen, with shares at $3.60.
With Friday’s Closing Bell, ETM was off 8.1%, finishing the day at $3.53
Could a Simply Wall St. assessment of the salary of President/CEO David Field have anything to do with it?