The Dow Jones Average broke into new territory Tuesday 12/23, but radio stocks followed by RBR were not able to participate as a group, largely as a result of a very rough day for SBS. TVBR’s television stocks were in the black, however.
The RBR Radio Index fell 7.580, or 1.1%, to 702.910.
The TVBR Television Index rose 8.349, or 0.9%, to 911.572.
Cumulus, up 3.7%
CBS, up 2.2%
Gray, up 1.7%
SBS, down 11.4%
Salem, down 1.6%
Fox, down 0.6%