Stocks Fall; Led by Verizon

By on Apr, 21 2016 with Comments 0

U.S. stocks fell Thursday. Declines in telecommunications (led by Verizon) and utilities shares were the cause. Radio and Television were both able to show slight gains.

The RBR Radio Index rose 4.528, or 0.94%, to 485.084.

The TVBR Television Index rose 2.489, or 0.27%, to 940.886.

Winners
Cumulus, up 9.2%
Radio One, up 3.9%
Emmis, up 2.6%

Losers
iHeart, down 9.7%
Saga, down 2.4%
Sinclair, 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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