That’s what Wall Street Journal called it: “Choppy.” There were other words bandied about, like volatile – but for broadcasters, down suffices, but not by a whole lot. TV wasn’t down by as much. Nexstar was best of all.
The RBR Radio Index fell 6.461, or 0.9%, to 705.634.
The TVBR Television Index fell 3.986, or 0.4%, to 837.532.
Winners
Nexstar, up 3.0%
Cumulus, up 1.9%
Sinclair, up 1.3%
Losers
Salem, down 3.5%
Media General, down 3.2%
Saga, down 3.0%