On June 10, Gray Television shares were languishing just below the $11 level — their lowest prices since December 2016. It was a small setback for the broadcast TV company: In July and November 2015, Gray shares were approaching $17 a share.
Today, Gray stock is flying high. On August 31, a new high of $17.45 was seen on the Closing Bell. With Tuesday’s close, GTN is just shy of that magic $17 mark.