The Wall Street headline-writing community was fretting about China and Greece, blaming them for a down day. And most of the radio stocks we follow were down. But a surge by Cumulus dragged our radio list into positive territory. There was no such white knight stock for the TV side.
The RBR Radio Index rose 5.992, or 0.8%, to 733.473.
The TVBR Television Index fell 5.881, or 0.6%, to 924.755.
Cumulus, up 11.6%
Emmis, up 1.6%
iHeart, up 1.2%
Tribune, down 3.8%
Saga, down 1.9%
CBS, down 1.9%