Stocks flat but radio hits a pothole


Action on Wall Street leveled out on Friday after good news from the Fed gave traders happy feet for a few days. But once again, broadcasters didn’t seem to get the flat memo, and took a bit of a dive, especially on the radio side. Let’s put it this way – if you were flat, you had a good day, and not many were flat.

The RBR Radio Index fell 18.850, or 2.4%, to 759.596.

The TVBR Television Index fell 4.952, or 0.5%, to 776.810.

Nexstar, up 0.1%

Emmis, down 5.3%
Beasley, down 4.4%
Cumulus, down 3.2%