Consumers are reportedly happy, and that makes Wall Street traders happy. Radio and television companies were happy too, turning in nearly identical results in terms of percent gained – even closer than it looks on that chart down there, rounded from TV 2.45 to radio 2.44. Only one company slipped and fell into the red inkwell.
The RBR Radio Index rose 17.115, or 2.4%, to 719.078.
The TVBR Television Index rose 19.089, or 2.5%, to 799.514.
Entravision, up 6.2%
Salem, up 5.7%
Entercom, up 5.6%
SBS, down 1.6%