Stocks Close Higher

By on Oct, 18 2016 with Comments 0

U.S. stocks rose Tuesday thanks to stronger-than-expected quarterly reports. Radio and Television followed the market, with both finally posting gains.

The RBR Radio Index rose 9.113, or 1.52%, to 609.590.

The TVBR Television Index rose 1.885, or 0.21%, to 887.399.

Gainers
Entercom, 10.0%
SBS, up 4.0%
iHeart, up 3.0%

Decliners
Radio One, down 2.0%
Salem, down 1.7%
Emmis, down 0.8%

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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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