Broadcast continues to streak on the Street
Stocks were up in general on Monday, and broadcasters joined in on the fun, particularly on the television side. But the big winner was pure play radio company Entercom.
The RBR Radio Index rose 5.647, or 0.8%, to 720.782.
The TVBR Television Index rose 8.526, or 1.1%, to 771.475.
Entercom, up 3.6%
Cumulus, up 2.7%
Entravision, up 2.6%
Beasley, down 1.3%
Salem, down 0.6%
Gray, down 0.1%