On heavier-than-average volume of more than 2.42 million shares, Gray Television shares rocketed ahead 5.7% on Tuesday (11/6) as investors voted with approval of the broadcast media company’s just-released third-quarter results.
With GTN trading at a record high of $18.50, it’s good to be a stockholder. With its acquisition of Raycom Media on track, Gray delivered what Zacks Equity Research declares are “earnings and revenue surprises.”
