Don’t look now, but Entercom Communications shares have retreated to their lowest prices since November 22, erasing a rally that brought ETM to levels last seen before its early August meltdown.
Is the current dip nothing to fret about, or a harbinger of a difficult quarter to come?
That may be difficult to answer, with Entercom set to open at $4.56 per share on Monday.
Volume on Friday was 382,094 shares; average volume is 1.09 million shares.
Entercom’s Q1 2020 earnings report is expect to arrive between Feb. 20 and Feb. 24.
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