Does Salem Have ‘The Answer’ To Its Stock Slide?

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July 2009 was when Salem Media Group shares last traded below $1.50.


Today, everything old is new again for investors in the owner of Christian-themed and conservative talk radio properties.

The company on Tuesday saw its stock price dip to another fresh 10-year-low, with a 5.1% drop to $1.48.

Volume was higher than average, with 102,098 shares traded. Average volume for SALM is 83,615 shares.

The latest headache for investors could be an assessment of Salem CEO Ed Atsinger III‘s salary conducted by Simply Wall St.

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