Buyers step up on Wall Street – 5/25/11

0

Bargain hunters moved into the market on Wednesday and pushed stock prices higher. The Dow Jones Industrial Average rose 38 points, or 0.3%, to 12,395. Broadcasting stocks, however, were mixed.


The RBR Radio Index was down 5.084, or 1.4%, to 370.113.

The TVBR Television Index was up 3.538, or 1.4%, to 257.394.

 

 

Winners
LIN, up 8%
Beasley, up 6.4%
Nexstar, up 3.6%

Losers
Radio One, down 14.7%
CC Media, down 7.1%
Gray, down 4.8%