Stocks Drop as Dollar Hits Low

By on Apr, 7 2016 with Comments 0

U.S. stocks dropped Thursday as the dollar hit a low and the Japanese yen rose. Radio was able to pull out a small gain, while Television showed a loss.

The RBR Radio Index rose 3.796, or 0.85%, to 452.141.

The TVBR Television Index fell 8.723, or 0.96%, to 902.068.

Winners
Emmis, up 10.9%
Radio One, up 2.3%
Salem, up 1.7%

Losers
Cumulus, down 4.5%
CBS, down 2.3%
Entercom, down 1.9%

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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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