The rain in Spain is not falling mainly on the plain, as the old Broadway song would have it – it’s not Broadway but Wall Street that’s getting splattered by Spain’s inclement financial weather. But it wasn’t nearly as bad as yesterday – broadcast stocks in particular only suffered minimal erosion as a group.
The RBR Radio Index fell 0.438, or 0.2%, to 300.298.
The TVBR Television Index fell 3.115, or 1.4%, to 226.529.
Winners
SBS, up 10.2%
Salem, up 2.6%
Saga, up 2.1%
Losers
Dial-Global, down 7.7%
Radio One, down 5.9%
Nexstar, down 4.9%
