Broadcasters Diverge in Muddled Market

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There seems to have been too much information for traders to digest yesterday, and it seems to have all boiled down to a slightly depressed stock market. Radio was slightly depressed, but television stocks we follow were not, to their credit.


The RBR Radio Index fell 3.124, or 0.4%, to 741.342.

The TVBR Television Index rose 2.077, or 0.2%, to 976.559.

Winners
Beasley, up 1.7%
Radio One, up 1.1%
Gray, up 1.1%

Losers
Salem, down 2.6%
Emmis, down 1.8%
Entercom, down 1.7%

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