Blue chips and Apple are a drag
The major stock indices did not have a happy story to record for Thursday, with the Dow taking a triple-digit hit. Broadcast stocks were down, too, but it wasn’t a total horror story. It was much rougher on the radio side.
The RBR Radio Index fell 9.568, or 1.3%, to 738.718.
The TVBR Television Index fell 5.523, or 0.7%, to 737.986.
Salem, up 3.1%
Sinclair, up 2.1%
Emmis, up 1.9%
Radio One, down 5.8%
Entercom, down 4.5%
Saga, down 4.0%