Broadcast stocks swim against the ripple
Wall Street results for Monday were said to have edged up as investors remained nervous despite heading into what is usually the strongest quarter of the year. But for broadcast, TV was up, barely, and radio suffered a fall.
The RBR Radio Index fell 13.015, or 1.8%, to 727.362.
The TVBR Television Index rose 0.710, or 0.1%, to 814.798.
Saga, up 2.0%
Gray, up 0.7%
Nexstar, up 0.6%
SBS, down 6.2%
Cumulus, down 5.1%
Emmis, down 2.3%