Great January; broadcast stocks mixed – 1/31/12


U.S. stocks traded in a narrow range Tuesday, after worse-than-expected U.S. housing and manufacturing data came out. The Dow Jones Industrial Average slid 21 points, or 0.2%, to 12,632.91, however, it ended the month with the best January performance in the 21st Century. For broadcasting stocks, radio was down; television was up.

The RBR Radio Index was down 3.766, or 1.03%, to 362.063.

The TVBR Television Index was up 1.363, or 0.53%, to 259.745.

Emmis, up 6.9%
ACME, up 7.7%
Gray, up 2.5%
SBS, down 17.0%
Entravision, down 3.2%
Arbitron, down 2.1%