Green Monday For Media Stocks


General indices were strong on the first trading day of the week, as the Dow Jones Industrial Average climbed 200.64, to 25,650.88. Nasdaq gained 149.92 to 7,558.06, for a stellar 2% gain.

Radio and TV companies were also largely on the rise on Monday.

Townsquare Media rebounded with a 14.2% jump from Friday’s close, ending at $5.46.

For TEGNA, a 2.9% jump to $14.66 was seen.

Sinclair Broadcast Group gained 3.2%, to $37.97.

For Nexstar Media Group, a $104 finish was had.

Meanwhile, Cumulus Media continues to see strength for its shares, as it climbed 1.2% to $18.81.

How did other media companies fare on Monday? Visit the Wall Street Report on’s homepage for a quick glance.