Italy sends stock prices skidding – 11/9/11


A worsening financial and governmental crisis in Italy sent shockwaves through stock markets around the globe. The Dow Jones Industrial Average fell 389 points, or 3.2%, to 11,781. Broadcasting stocks were not spared. SBS led the retreat, but gave up only part of its huge gain from the previous session.

The RBR Radio Index was down 19.802, or 6%, to 313.108.

The TVBR Television Index was down 11.698, or 4.7%, to 235.849.


Beasley, up 2.9%
ACME, up 1.4%

SBS, down 28.8%
Gray, down 8.8%
Entercom, down 8.4%