Urban One Current, Former Board Members Add Shares


Of the media companies that have seen the most excitement on Wall Street across 2020, Urban One is perhaps tops when it comes to radio and television industry assets combined with a growing casino gaming operation.

It’s stock burst upward one year ago, fueled by new commitments from advertisers to Black-owned media. Earlier this month a second burst in share value came. Both times, shares receded following those big gains.

Now, SEC disclosures show that a former Urban One board member and two current members have obtained a chunk of Class D shares in the African American-focused company.

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