Stocks Down But Positive For The Week

By on Feb, 19 2016 with Comments 0

U.S. Stocks were down on Friday even though they posted the biggest weekly gain of the year. Investors continue to buy from within the beaten-down sectors. Radio and Television were both able to show gains.

The RBR Radio Index rose 0.093, or 0.02%, to 406.087.

The TVBR Television Index rose 6.604, or 0.80%, to 834.447.

Winners
iHeart, up 7.9%
Salem, up 4.1%
Entravision, up 3.2%

Losers
Emmis, down 4.0%
Cumulus, down 2.8%
SBS, down 2.2%

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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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