U.S. financial markets enjoyed a positive session on Wednesday, and moving upward along with the general indices were two of the radio industry’s biggest players: Beasley Broadcast Group and Entercom Communications.
Beasley shares increased to $10.95, up 50 cents.
Entercom saw a much-needed gain for the second-straight day, rising by 5 cents to $7.80.
Also seeing an important move forward is Entravision, with a 20-cent gain, to $4.30.
Other gainers include Nexstar Media Group, which rose $1 to $68.20, and Saga Communications, which gained $1.25 to $39.