Stocks Post Weekly Losses

By on May, 13 2016 with Comments 0

U.S. stocks fell Friday, posting weekly losses. Trader concerns over poor earnings reports were to blame. Radio and Television both showing losses for a third day.

The RBR Radio Index fell 10.366, or 2.08%, to 487.058.

The TVBR Television Index fell 13.389, or 1.44%, to 915.957.

Winners
Salem, 0.6%
Tribune, 0.5%
n/a

Losers
Cumulus, down 8.3%
Radio One, down 6.5%
Nexstar, down 2.8%

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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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