Stocks Drop Slightly

By on May, 23 2016 with Comments 0

U.S. stocks dropped Monday. Investors are waiting on the Federal Reserve’s decision on interest rates. Radio was able to post a small gain, while Television posted a loss.

The RBR Radio Index rose 3.443, or 0.72%, to 482.156.

The TVBR Television Index fell 3.135, or 0.34%, to 907.539.

Winners
Cumulus, up 4.2%
Tribune, up 3.1%
SBS, up 2.6%

Losers
iHeart, down 3.7%
Salem, down 2.0%
Entravision, down 1.3%

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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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