Amazon Flows Downhill On A Downbeat Friday

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Stocks finished Friday’s trading with more big declines, as the Dow Jones Industrial Average slipped 8.49, to 18,161.19.


The NASDAQ composite index was down 25.87, to 5,190.10. Among media industry stocks, Saga saw a 2.8% dip, to $42.85, while Nielsen’s woes on Wall Street continued with a 2.8% slide, to $44.66.

The big fall of the day comes courtesy of Amazon, which sank 5.1% to $776.32 after releasing Q3 results that met mixed analyst expectations.

 

The RBR Radio Index fell 2.389, or 0.41%, to 574.006.

The TVBR Television Index rose 5.512, or 0.64%, to 865.463.

 

Gainers

SBS, up 6.1%

Gray, up 3.4%

Beasley, up 2.7%

 

Decliners

Cumulus, down 4.5%

iHeart, down 4.3%

Emmis, down 3.2%

 

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