Both sides of the RBR+TVBR stock chart were in positive territory, but radio stocks, picked up by a $1 per share gain at SBS, shot up. Meanwhile, television issues were barely able to chin themselves beyond Tuesday’s closing prices.
The RBR Radio Index rose 2317, or 3.4%, to 761.302.
The TVBR Television Index rose 1.021, or 0.1%, to 956.678.
SBS, up 25.0%
iHeart, up 3.4%
Radio One, up 3.1%
Entravision, down 2.6%
Tribune, down 2.5%
Cumulus, down 1.5%