Broadcast stocks hit a banana peel to end week
The stock market as a whole had a decent week, and for the most part broadcasters were part of that, but on Friday results were mixed with the average on the down side. Cumulus had the best day.
The RBR Radio Index fell 3.897, or 0.5%, to 718.173.
The TVBR Television Index fell 4.132, or 0.5%, to 780.405.
Cumulus, up 1.6%
Saga, up 1.3%
Emmis, up 0.5%
Beasley, down 3.0%
Radio One, down 2.3%
Entercom, down 1.5%