Like many media companies, Townsquare Media has been impacted on Wall Street by COVID-19 fears. Its stock is trading where it was in late November 2019 and down more than $2 a share since February 18.
Still, Townsquare is well ahead of where its stock was six months ago, and CEO Bill Wilson will likely be touting many of the local-first media company’s positives over the next week at two big investor conferences.
That said, how will investors react to an expected year-over-year decline in Q4?