When you think of Wall Street you don’t normally think about the price of gas in the same way you do when contemplating a trip to take the kids to see grandma, but the rapid rise in the price at the pump seemed to have dulled otherwise encouraging economic news. Unfortunately broadcasters were on the red side of a mixed trading day.
The RBR Radio Index fell 3.143, or 0.9%, to 360.108.
The TVBR Television Index fell 3.097, or 1.2%, to 259.877.
Winners
Beasley, up 3.1%
Salem, up 1.3%
SBS, up 1.2%
Losers
Radio One, down 6.7%
Entravision, down 4.8%
Dial Global, down 3.9%
