Delayed reaction to bad jobs news

By on Apr, 9 2012 with Comments 0

Friday’s disappointing jobs report wasn’t forgotten as Wall Street reopened Monday after a three-day weekend. The Dow Jones Industrial Average dropped 130 points, or 1%, to 12,930. Broadcasting stocks were not spared from the fallout.

The RBR Radio Index was down 3.862, or 1%, to 377.984.

The TVBR Television Index was down 6.273, or 2.4%, to 255.949.

Winners
Dial Global, up 1.3%
Salem, up 0.4%
n/a

Losers
Entravision, down 7.6%
Emmis, down 5%
Sinclair, down 3.4%

RBR-TVBR Stock Index

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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