More Ups And Downs On Wall Street For Radio, TV


U.S. financial markets rebounded once again on Thursday, with the Dow Jones Industrial Average gaining 240.92 points, to 24,505.22.

The Nasdaq composite was up 34.44, to 7,076.55. How did media stocks fare?

The activity was mixed:

  • Beasley Media Group shares were up 30 cents, to $10.45.
  • Emmis Communications was off 10 cents, to $4.51.
  • Entercom shares dipped 5 cents, to $9.65, as the new owner of CBS Radio struggles to climb above the all-important $10 mark.

Meanwhile, OTT giant Netflix enjoyed a healthy 1.7% rebound, rising $5.03 to $293.97.

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