Falling Apple is a Wall Street drag
Competition in the tech sector got the blame for a Wednesday downtick in stock prices. But if you look at broadcast stocks, you’d barely notice any change at all, on average. CC Media was the best of a relatively flat lot.
The RBR Radio Index fell 2.416, or 0.3%, to 787.232.
The TVBR Television Index rose 1.641, or 0.2%, to 815.556.
CC Media, up 2.7%
Entravision, up 1.3%
LIN TV, up 1.2%
SBS, down 2.9%
Cumulus, down 1.6%
Radio One, down 0.9%