Prasad’s Planned Exit Propels Townsquare Stock Surge

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On December 10, Townsquare Media shares were priced at $5.89.


Then came a slump — a truly bad one. Shares of TSQ fell under $4 a share.

On the first day of trading of 2019, the company’s stock surged. It’s not stopped its ascent.

Thank the pending exit of Dhruv Prasad as co-CEO for making investors happy.

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