Most of us like the petro prices we’re seeing at our local filling stations, but dropping prices aren’t sitting quite so well on Wall Street. Broadcast stocks as a group succumbed to big oil’s downward gravity. But there was some love – maybe for Beasley’s Love Sponge.
The RBR Radio Index rose fell 7.393, or 1.1%, to 696.736.
The TVBR Television Index rose fell 19.312, or 2.2%, to 863.699.
Winners
Beasley, up 5.4%
Emmis, up 2.2%
n/a
Losers
Radio One, down 4.8%
Entravision, down 4.4%
Salem, down 3.6%