Mixed Movement For Media Stocks On Monday


Was it a “manic Monday” on Wall Street for media issues? While general indices were down, radio and TV companies saw gains and dips.

For iHeartMedia, its OTC Pink-traded shares slipped 3 cents, to $0.44.

Also down: Beasley Broadcast Group, sliding 8 cents to $4.68, and Entravision, off 13 cents to $3.84.

Rising on Monday were Entercom, with a 2-cent gain to $7.25; Cumulus Media, climbing 21 cents to $12.01; and Townsquare Media, which improved by 28 cents, to $6.24.

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