Oil woes continue, but broadcast stocks mixed
Once again, petro prices went down and dragged the markets with them, but television stocks were able to shrug off the oily sea anchor and register a nice gain. But radio suffered along with most of the market.
The RBR Radio Index fell 10.412, or 1.5%, to 678.536.
The TVBR Television Index rose 6.214, or 0.7%, to 867.207.
Media General, up 5.7%
LIN TV, up 2.8%
Gray, up 1.7%
Saga, down 2.5%
Beasley, down 2.3%
SBS, down 2.2%