Stocks Again Follow Oil Down

By on Aug, 24 2016 with Comments 0

U.S. stocks fell Wednesday, again due to falling oil prices. Radio was able to post a small gain, while Television posted a loss.

The RBR Radio Index rose 1.349, or 0.21%, to 643.746.

The TVBR Television Index fell 9.073, or 0.98%, to 912.997.

Gainers
iHeart, up 12.5%
Sinclair, up 0.6%
Salem, up 0.2%

Decliners
Cumulus, down 3.3%
Entravision, down 3.1%
SBS, down 2.7%

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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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