Nobody knows if Greece will or will not continue using the euro, and the continuing uncertainty about the situation in Europe is creating skittish stock traders on this side of the Atlantic that not even the Facebook IPO could assuage. Unfortunately, radio stocks went with the flow, but TV managed to rise slightly.
The RBR Radio Index fell 8.688, or 2.2%, to 387.388.
The TVBR Television Index rose 0.355, or 0.2%, to 215.665.
Nexstar, up 4.4%
CBS, up 1.8%
Sinclair, up 1.7%
Dial Global, down 13.6%
LIN, down 6.7%
Salem, down 2.7%