Why Is Beasley Stock Flirting With A Three-Month Low?


As the month of April began, Beasley Broadcast Group Inc. shares, trading as “BBGI,” emerged from a steep COVID-19 fueled decline in value.

By mid-April, shares had settled in to the mid-$2 range. Then, on June 16 and again on June 19, Beasley gained attention for big spikes in value that brought BBGI back to pre-COVID valuations.

It appears the rally was short-lived, with shares heading toward a 10-week low.

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