Salem Shares Soar On News Of Leadership Transition


What does Wall Street think of the late Monday announcement that the current CEO of Salem Media Group will step aside on January 1 and transition to the newly created role of Executive Chairman of the Board of Directors?

Investors seem to be pleased with the succession plan, as Salem stock soared by nearly 13% in midday trading on Nasdaq.

Please Login to view this premium content. (Not a member? Join Today!)
You do not have permission to view the comments.

Leave a Reply

Your email address will not be published. Required fields are marked *