Fresh off of co-CEO Dhruv Prasad‘s appearance at Pillsbury’s Broadcast Finance 2018 breakfast as part of the Radio Show in Orlando, the Townsquare Media executive will be jetting off to the Valley of the Sun to present at a conference focused on leveraged finance.
Prasad will present at Deutsche Bank’s 26th annual Leveraged Finance Conference at The Phoenician in Scottsdale, Ariz. on Wednesday (Oct. 3).
The presentation will begin at approximately 11:20am local time.
For those interested in seeing what Prasad has to say to the investment community, his presentation will be webcast live on the equity investor relations section of Townsquare’s website at http://www.townsquaremedia.com/equity-investors.
Townsquare Media’s stock entered Thursday trading at $7.91, down 4% from Wednesday — a day when TSQ shares went Ex-Dividend.
The company’s stock has a 1-year target estimate of $9.59. At the start of September that would have been easily plausible, as TSQ hit $9.75 on Sept. 5.
Since then, investors have cashed in, pushing Townsquare below $8 once again.
Still, Townsquare shares are performing much better since August 7, when the company blew past its Q2 guidance and delivered a solid earnings report.