Broadcasters rise in mixed stock trading

By on Sep, 11 2014 with Comments 0

Analysts speculated that traders didn’t know what to make of a complex global issue mix, and were all over the map when it came to trading strategies. But broadcasters were up, although for TV is was by a scant margin. CC Media was the top performer.

The RBR Radio Index rose 4.003, or 0.5%, to 798.232.

The TVBR Television Index rose 1.413, or 0.2%, to 796.890.

Winners
CC Media, up 3.9%
Gray, up 2.0%
SBS, up 1.9%

Losers
Entravision, down 1.9%
Salem, down 1.8%
Saga, down 1.2%

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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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