Radio stocks weather overall Friday downturn

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Television companies that trade on the stock market followed the crowd into the red ink zone on Friday, experiencing at worst mild losses in value. Meanwhile, the RBR Radio Index showed a gain for that medium, led by a gain of almost 9% by Clear Channel.


The RBR Radio Index rose 5.414, or 1.3%, to 427.213.

The TVBR Television Index fell 1.982, or 0.6%, to 325.332.

Winners
CC Media, up 8.9%
Emmis, up 3.0%
Dial Global, up 2.6%

Losers
LIN, down 2.6%
Cumulus, down 1.9%
Gray, down 1.6%

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