Broadcast stocks we follow trended up, and they were mixed only in that radio’s growth rate was superior to televisions. The natives on Wall Street are always nervous when the Fed is meeting.
The RBR Radio Index rose 8.402, or 1.1%, to 752.043.
The TVBR Television Index rose 3.116, or 0.3%, to 968.256.
Salem, up 3.9%
Radio One, up 3.8%
Emmis, up 2.7%
SBS, down 4.6%
Nexstar, down 0.7%
Tribune, down 0.7%