Broadcast stocks continue a hot streak

By on Oct, 16 2014 with Comments 0

Wall Street was said to have started slow and rebounded all the way back to almost flat, but for broadcasters, it was the third day in a row of big gains. And most impressive of all – we have no volunteers for the losers chart – it was all black ink, all the time for the air sellers.

The RBR Radio Index rose 26.486, or 3.9%, to 713.643.

The TVBR Television Index rose 17.133, or 2.3%, to 758.632.

Winners
Cumulus, up 8.5%
Salem, up 8.5%
Gray, up 6.4%

Losers
none

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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