Profit Takers Leave Their Mark At Week’s End
Friday's action on Wall Street was marked with sales, as investors opted to cash in on recent improvements from some of the radio and TV industry's key players. At iHeartMedia, shares fell 6.9% after the company enjoyed a nice improvement for the week. Meanwhile, Nexstar Media Group dipped 1.4%, while Meredith Corp. declined 1.6%.
Flat Thursday On Wall Street Ahead Of Jobs Report
Among the key climbers on Thursday is Viacom, which must have a lucky number -- it climbed 44 cents, to end at $44.44. Sinclair Broadcast Group enjoyed a nice jump. but Cumulus Media continued its downward movement.
Tribune Media, Beasley Swim Against Red Tide
The lone media companies to see positive momentum were Tribune Media Co., Beasley Broadcast Group, and Cumulus Media, which finally stemmed its dramatic stock slide with a 4.2% improvement. But, it was a bruising session for Pandora Media, which no longer appeals to much-discussed potential suitor Liberty Media. The parent of Snapchat also had a tough day on Wall Street.
Media Stocks March Downward
Oh, Snap! The parent of Snapchat slid 12.3%, to $23.77, on Monday to fall below its IPO strike price. There was no immediate word on the downward activity for the tech company. Meanwhile, Cumulus Media had another difficult trading session while Beasley Broadcasting Group enjoyed a gain.
Wall Street Weak: Tepid End To Turbulence
Cumulus Media shares stopped their significant downward slide ... by staying put with an unchanged stock price of 62 cents. Meanwhile, Saga Communications on Friday saw its Board of Directors declare a quarterly cash dividend of $0.30 per share. What were the other big movers among media stocks?
A Terrible Thursday For Radio
Cumulus suffered another loss in its share value
A ‘Huuuge’ Day On Wall Street
While iHeart and several TV companies had a strong day, it was another difficult day for Cumulus. Emmis also saw a share decline.
SBS Bounces Back As Cumulus Slumps Again
The ongoing yo-yo activity of Spanish Broadcasting System on Wall Street continued on Tuesday, in a positive way
Can’t Stop The Bleeding
It was another difficult session for Cumulus Media on Monday, while Spanish Broadcasting System shares continued their swoon
Radio’s Forgettable Friday On Wall Street
The steep drop in share value for the nation’s No. 2 owner of radio stations, Cumulus Media, was also felt by iHeartMedia
Another Tough Session For Radio Stocks
SBS and Cumulus Media now have more in common than FMs in America's top markets
Radio’s Key Players Slide Toward Danger Zone
Paging Maverick and Iceman may not do the trick, but a trio of major radio industry companies need a little help.
Stocks Zoom Ahead In Tuesday Trading
But, Pandora Media showed weakness on Wall Street, and a financial expert writing for Investopia has an idea why
SBS Sinks Again In Pre-Holiday Activity
Spanish Broadcasting System’s slide continued on Friday, with SBSAA shares tumbling another 9%
SBS Sags Again On Heavy Volume
A deal with TargetSpot can't stop the yo-yo that is SBS stock from winding downward once again










