In November 2008, Beasley Broadcast Group stock, hampered by the “Great Recession” and economic havoc tied to a housing market collapse, fell to just 88 cents per share. Within weeks, however, BBGI was on its way toward a recovery, one that was slow and steady but consistent. Beasley shares reached $7.34 by March 2011 and $12.55 as 2018 began.
Since the second half of 2018, however, Beasley Media Group stock has been largely on the decline. Now, the company led by Caroline Beasley has a new frustration on its hands — a possible Nasdaq compliance warning for failure to get BBGI to close at $1.
