Scripps Shares Bounce Back To Start Trading Week

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U.S. financial markets gained traction on Monday as President Trump noted China wants to restart trade talks with the U.S., and that he was optimistic about a deal that would put an end to an escalating dispute that has spooked stocks.


Among the gainers on Monday: The E.W. Scripps Co.

At the Closing Bell, SSP was ahead by 5.53% from Friday, finishing at $12.02. Scripps enjoyed day-long growth, with volume of 490,524 modestly ahead of the average volume of SSP, some 388,420 shares.

The jump essentially negates a Friday dip seen by Scripps, bringing it back to prices seen on Thursday.

Still, SSP remains mired in a six-month downtrend, with two cascading movements seen in early May and again in early August — declines triggered by disappointing earnings.

 

How did other media companies fare on Monday? View the Wall Street Report at RBR.com for the closing stock prices of publicly traded radio and TV companies important to you.

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