Stocks Rebound After Five Day Decline

By on Jun, 16 2016 with Comments 0

U.S. stocks rose Thursday, after five straight days of declines, thanks to gains in telecommunications and utility shares. Radio and Television didn’t follow the market, with both posting losses.

The RBR Radio Index fell 7.353, or 1.31%, to 555.297.

The TVBR Television Index fell 4.086, or 0.44%, to 926.861.

Winners
CBS, up 2.4%
Fox, up 0.6%
Entercom, up 0.2%

Losers
Cumulus, down 4.1%
Radio One, down 3.8%
Emmis, down 2.5%

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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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