Some bargain hunters stepped into the stock market on Thursday, following six days of price declines. Even so, there wasn’t much enthusiasm driving the market higher. The Dow Jones Industrial Average ended the day up 75 points, or 0.6%, at 12,124. Broadcasting stocks were mixed.
The RBR Radio Index was up 7.588, 0r 2.2%, at 347.593.
The TVBR Television Index was down 1.190, or 0.5%, at 246.497.
Radio One, up 8.4%
CC Media, up 8.3%
Arbitron, up 6%
ACME, down 12.1%
Gray, down 2.2%
Salem, down 1.1%