Stocks Break the Slide

By on May, 20 2016 with Comments 0

U.S. stocks rose Friday as investors were soothed by the news that the Federal Reserve will raise interest rates this summer. Radio and Television both followed the market with gains.

The RBR Radio Index rose 2.365, or 0.50%, to 478.713.

The TVBR Television Index rose 14.728, or 1.64%, to 910.674.

Winners
Cumulus, up 4.6%
Salem, up 4.1%
Beasley, up 4.0%

Losers
Emmis, down 6.5%
SBS, down 1.7%
Saga, down 1.5%

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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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