Broadcast Stocks Tank After Brexit Vote
U.S. stocks tumbled Friday after the U.K. vote to leave the European Union left investors shocked. Radio and Television both followed suit with losses.
The RBR Radio Index fell 8.640, or 1.53%, to 554.892.
The TVBR Television Index fell 35.541, or 3.87%, to 881.804.
Beasley, up 7.0%
iHeart, up 7.0%
SBS, up 4.5%
Saga, down 8.6%
Fox, down 7.7%
Radio One, down 7.4%