Bulls On Parade for Wall Street


U.S. financial markets started the week on a high note, with major indices moving ahead in Monday’s trading. How did radio and television station owners perform?

It wasn’t a good day for Audacy Corp., as the audio content creator and distributor saw its shares dip to $0.2557 as chatter continues about the company’s likely delisting from NYSE, absent a reverse stock split.

At the same time, Salem Media Group shares were down 5% to $1.15, representing a six-cent decrease.

On the way up were iHeartMedia, Gray Television, Nexstar Media Group, The E.W. Scripps Co., and Cumulus Media.

Keep track of every broadcast media company trading on Wall Street across every business day by visiting the Wall Street Report on the homepage of RBR.com!