Broadcasting Stocks

Be sure to set an early alarm clock and, if you're a caffeine fiend, to have a big pot of coffee ready to go on Tuesday, May 10. Nexstar Media Group isn't the only broadcast station group to be delivering its first-quarter financial results on that date.

Sinclair Television Group has confirmed that it intends to enter into an amendment to its credit agreement to provide for, among other things, the incurrence of new term loans. There's a reason for this, the Sinclair Broadcast Group subsidiary explains.

It opened today's trading at $3.06. By 10:15am Eastern, shares were priced at $2.755 per share. By day's end, a 5.6% dip in heavy trading was seen for Audacy Inc. on the NYSE.

Gray Television has announced when it will release its earnings results for the quarter ending March 31, 2022. Could the results finally give Gray shares the spark they need to climb past the $25 mark?

Major brand advertisers now have a direct route into the increasingly important metaverse, iHeartMedia says. In particular, marketers are being given the opportunity to collaborate on new virtual experiences.

Its stock price continues to reach new heights. Once Nexstar Media Group reveals its first-quarter 2022 financial results, will its shares climb even higher, breaking the $200 threshold?

Diamond Sports Group LLC and Diamond Sports Finance Company, two indirect subsidies of Sinclair Broadcast Group, have completed the final settlement of their previously announced private debt exchange offer.

For Paramount, it appears that a caped crusader has lifted the company's riches on Wall Street, and concurrently brought new hope to a battered box office. Paramount Global shares were up by nearly 11% in Monday's trading on Nasdaq. "The Batman" seems to be the big reason for the new optimism in the company led by Bob Bakish.

At the Closing Bell on Nasdaq, SBGI was down 7.1% to $26.04. Friday could be a big rebound day for the stock. Minutes before the end of Thursday's trading, the 99-day lockout appeared to be over.

Salem Media Group will hold its annual stockholders meeting at its principal executive offices, located in the Dallas-Fort Worth market, on the first Wednesday in May. The announcement comes on a day when the company's shares were dipping from a three-year high on Wall Street. 

The worst may be behind Audacy Corp. as its stock continues its climb from pandemic-era depths that seemingly continued up to February 22. Since then, AUD shares are up by more than one dollar per share.

Nielsen's Q4 2021 Earnings Per Share beat the Zacks Consensus Estimate by 27.8%. Unfortunately, Nielsen's revenue in the quarter fell short of Wall Street analysts' forecasts. And, NLSN slipped in Monday's trading.

The reward to shareholders comes as GTN, traded on the NYSE, is at the top end of its historical price chart — a good sign for the company led by Hilton Howell Jr. and Pat LaPlatney.

With a winter weather advisory in effect for Manhattan, Wall Street is bracing for sleet and a little snow. For investors, that was nothing compared to the pre-market slide for stocks. Then came an afternoon address from President Biden on how the U.S. will react to Russia's incursion into Ukrainian territory early Thursday. Investors reacted positively.

The VIAC ticker symbol is no longer in use. That's unfortunate for the company known now as Paramount Global to Nasdaq. On its final day under the old ticker symbol, a $6.41 single-session slump was seen by the company formerly known as ViacomCBS. In midday trading on Friday, things weren't much brighter for Paramount.