Stocks bounced back today after yesterday’s drop. Due to the most recent economic news, investors believe that the Federal Reserve will not raise interest rates. Radio and Television followed suit and showed positive numbers.
The RBR Radio Index rose 9.069, or 1.53%, to 601.176.
The TVBR Television Index rose 20.710, or 2.32%, to 911.763.
Emmis, up 4.5%
Saga, up 4.0%
Radio One, up 3.6%
iHeart, down 5.1%
Cumulus, down 1.3%