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.
How did other media companies perform on Friday? Visit the homepage to view our Wall Street Report now.
