Wall Street: What goes up must come down
On Wednesday we had proof that the road to prosperity is not an unbroken upward grade, as values came down after a string of successful trading days. The best any media companies were able to do was minimize the loss.
The RBR Radio Index fell 22.689, or 3.1%, to 716.969.
The TVBR Television Index fell 20.128, or 2.6%, to 769.093.
Radio One, down 10.20%
SBS, down 4.9%
Sinclair, down 3.6%