Ever since Townsquare Media revealed that its CEO duties come Feb. 1 will be held solely by one individual — Bill Wilson — the radio station owner’s stock has been on a comeback.
The company’s shares climbed again on Monday.
At the Closing Bell on Wall Street, TSQ was priced at $6.07, rising 1% from Friday’s close.
Activity got hot in midday trading, with Townsquare up as high as $6.19 before retreating somewhat after 2pm.
Volume was 49,719 shares; TSQ’s average volume is 58,350 shares.
How did other media companies fare on Monday? View the Wall Street Report on the homepage of RBR.com for more!