Stocks Rise With Energy

By on May, 16 2016 with Comments 0

U.S. stocks rose Monday thanks to a climb in energy shares, boosted by increasing oil prices. Radio didn’t do as well, posting a loss. Television was able to follow the market, posting a gain.

The RBR Radio Index fell 1.255, or 0.26%, to 485.803.

The TVBR Television Index rose 8.519, or 0.93%, to 924.476.

Winners
iHeart, up 4.6%
Nexstar, up 3.8%
Media General, up 3.8%

Losers
Salem, down 6.3%
Cumulus, down 3.8%
Entercom, down 0.6%

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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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