Stocks Take Steep Drop

By on Jan, 7 2016 with Comments 0

U.S. Stocks dropped steeply due to another fall in the Chinese market. The Dow lost nearly 400 points. Radio and Television didn’t escape the turmoil as both showed losses.

The RBR Radio Index fell 8.695, or 2.13%, to 399.666.

The TVBR Television Index fell 22.991, or 2.51%, to 892.472.

Winners
Saga, up 2.0%
Salem, up 0.8%
Beasley, up 0.5%

Losers
iHeart, down 7.3%
Gray, down 7.2%
Nexstar, down 7.1%

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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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