Cyprus Schmeyprus – broadcast stocks swim against tide


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.

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

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