‘Undervalued’ … and Sputtering: ETM


It was April 2 when Entercom Communications shares were last priced below $5.50 a share. The radio broadcasting company was starting a rebound from a fresh five-year low.

By April 30, a $6.88 closing price had been achieved, and all was seemingly positive as ETM sought to climb back to its year-to-date high seen in February.

That didn’t happen.

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