Stocks Fall After Rally

By on Feb, 18 2016 with Comments 0

U.S. Stocks fell today after the biggest three day gain since August. Investors started selling bank and energy stocks concerned over poor economic growth. Radio and Television followed suit, with both showing losses.

The RBR Radio Index fell 0.462, or 0.11%, to 405.994.

The TVBR Television Index fell 15.932, or 1.89%, to 827.843.

Winners
iHeart, up 6.5%
Entravision, up 1.1%
Salem, up 0.9%

Losers
Gray, down 4.7%
Sinclair, down 4.7%
Cumulus, down 4.3%

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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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