Broadcast stocks continue against the flow
Unfortunately, on Friday that was not a good thing, as the general market finally had a good day while broadcasters did not. But as a group, they were no worse than the up side of flat.
The RBR Radio Index rose 1.492, or 0.2%, to 715.135.
The TVBR Television Index rose 2.155, or 0.3%, to 760.787.
Emmis, up 8.5%
Cumulus, up 3.6%
CBS, up 2.3%
SBS, down 4.6%
Salem, down 4.5%
Entercom, down 2.6%