Mixed Monday On Wall Street As iHeart Soars

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The Dow Jones Industrial Average was down 53.22 points, to 25,053.11, while Nasdaq gained 9.71 points, to 7,307.90. How did media stocks fare?


The nation’s No. 1 radio company by number of stations, iHeartMedia, is on a very strong rebound ahead of its emergence from bankruptcy.

The company’s shares, trading as “IHRTQ,” soared 19.1% to $1.25 on Monday.

That is the highest price for iHeart shares since October 2017.


How did other companies fare today? Visit the RBR+TVBR Wall Street Report by visiting our homepage now!

 

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