Stocks Rally

By on May, 9 2016 with Comments 0

U.S. stocks rallied Monday due to a jump in health-care and biotechnology shares. Radio and Television did not follow the market with both showing losses.

The RBR Radio Index fell 11.348, or 2.19%, to 506.831.

The TVBR Television Index fell 15.255, or 1.55%, to 965.835.

Winners
Beasley, 3.7%
Salem, up 1.6%
Entravision, up 1.1%

Losers
Gray, down 9.5%
Cumulus, down 7.4%
SBS, down 5.5%

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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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