Between July 13 and November 5, 2020, Townsquare Media shares were rather stagnant, trading in the mid-$4 range for much of the period.
It was a far cry from the first days of February, when a $10.25 closing price was seen and many Wall Street observers noted how the local digital and audio company had enjoyed two solid years of share growth.
It appears the election of Joe Biden as U.S. president may have served as some sort of spark for TSQ, given its performance over the last nine weeks.
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