Green Monday For Media Stocks

0

General indices were strong on the first trading day of the week, as the Dow Jones Industrial Average climbed 200.64, to 25,650.88. Nasdaq gained 149.92 to 7,558.06, for a stellar 2% gain.


Radio and TV companies were also largely on the rise on Monday.

Townsquare Media rebounded with a 14.2% jump from Friday’s close, ending at $5.46.

For TEGNA, a 2.9% jump to $14.66 was seen.

Sinclair Broadcast Group gained 3.2%, to $37.97.

For Nexstar Media Group, a $104 finish was had.

Meanwhile, Cumulus Media continues to see strength for its shares, as it climbed 1.2% to $18.81.

How did other media companies fare on Monday? Visit the Wall Street Report on RBR.com’s homepage for a quick glance.

LEAVE A REPLY

Please enter your comment!
Please enter your name here