Nasdaq approves Radio One move

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Radio One says it has gotten approval from the Nasdaq Stock market to move its lightly traded Class A stock from the Nasdaq Global Market to the Nasdaq Capital Market. The Class A shares will continue to trade with the ticker symbol ROIA after making the move at the close of trading today. Radio One’s Class D shares, ROIAK, which account for over 96% of its public float, will continue to trade on the Nasdaq Global Market.