Another Good Stock Day for Broadcast

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And it was particularly good on the radio side, led by a resurgent Cumulus, which approached a double-digit gain. Television stocks enjoyed a decent gain as well, with Entravision leading the way on that side of the broadcast divide.


The RBR Radio Index rose 9.093, or 1.2%, to 749.941.

The TVBR Television Index rose 3.317, or 0.3%, to 970.057.

Winners
Cumulus, up 9.5%
Salem, up 4.2%
Radio One, up 2.5%

Losers
Beasley, down 3.9%
iHeart, down 2.9%
SBS, down 1.0%

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