Cyprus Schmeyprus – broadcast stocks swim against tide

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Wall Street was said to be in the thrall of events in the tiny and troubled investor haven nation of Cypress on Monday, and that was not a good thing, but you’d never know that if you were following only broadcast stocks – all but three companies followed by RBR-TVBR dipped into negative territory.


The RBR Radio Index rose 7.944, or 1.6%, to 520.915.

The TVBR Television Index rose 14.231, or 2.9%, to 500.059.

Winners
Entravision, up 8.9%
Nexstar, up 6.0%
Sinclair, up 5.6%

Losers
CBS, down 1.2%
Radio One, down 1.2%
Arbitron, down 0.04%

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