Radio’s Top Two Slide On Healthy Monday


Wall Street enjoyed a positive trading session on Monday, as the Dow Jones Industrial Average improved 142.79, to 20,412.16. The Nasdaq Composite climbed 29.83, to 5,763.96.

Among the key gainers was Saga Communications, which improved 95 cents, to $51.15. Spanish Broadcasting System continued its rebound with a 3-cent improvement, to $1.68. At Beasley Broadcast Group, shares increased by 75 cents, to $10.65.

However, the radio industry’s leading companies struggled in Monday’s trading, with iHeartMedia falling 6 cents, to $1.09, and Cumulus Media dipping 6 cents, to $1.04.

The RBR Radio Index rose 1.876, or 0.31%, to 610.330.
The TVBR Television Index rose 0.641, or 0.06%, to 997.255.



Beasley, up 7.6%
Tribune, up 2.0%
Saga, up 1.9%



Cumulus, down 5.4%
iHeart, down 5.2%
Radio One, down 1.7%