Another Mixed Session For Media Stocks

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It was a quiet Thursday on Wall Street, as the Dow Jones Industrial Average climbed 61.90, to 24,836.20. The Nasdaq composite index improved by 10.82, to 6,950.16.


Among the key media movers was Townsquare Media, which shed some 3.4% of its value to finish the day at $7.59. In early after-hours trading, TSQ shares gained back a penny, moving to $7.60. Townsquare is working to continue upward momentum after bottoming out at $7.01 on Nov. 13; TSQ was as high as $12.81 on March 13.

Also down is Urban One, which declined 5.4% to end Thursday’s trading at $1.75.

The dip ends a month-long rally for Urban One shares, after the company saw its stock fall to $1.46 on Dec. 4.

For a full look at today’s closing prices please visit the Wall Street Report on the homepage of RBR.com.