If you’ve listened to quarterly earnings calls hosted by executives from such publicly traded radio broadcasting companies as iHeartMedia and Cumulus Media of late, chances are you are familiar with Daniel Day of B.Riley Financial.
B.Riley is a publicly traded company, and its shares, which can be found on Nasdaq under the ticker symbol “RILY,” have been soaring since an April dip and today are at a 52-week high. Now, B.Riley has announced it has priced an underwritten public offering of 1,818,182 shares of its common stock.
