Friday the 13th bad for stocks – 5/13/11

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Stock prices retreated on Friday as traders worried about the sustainability of the economic recovery for public companies. The Dow Jones Industrial Average was down 100 points, or 0.8%, at 12,596. Broadcasting stocks also retreated.


The RBR Radio Index was down 6.037, or 1.6%, to 383.526.

The TVBR Television Index was down 3.043, or 1.1%, to 265.375.

 

Winners
Radio One, up 2.9%
Salem, up 1.9%
Saga, up 1.9%

Losers
CC Media, down 7.1%
Emmis, down 4.4%
Entercom, down 4.4%