Polar plunge for broadcast stocks

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The northeast was in the grip of a blizzard and broadcast stocks were in the grip of a freefall when the stock markets closed Wednesday. Not one of the television stocks we follow managed to stay on par on a very rough day.


The RBR Radio Index fell 19.164, or 2.7%, to 688.106.

The TVBR Television Index fell 25.242, or 2.9%, to 841.163.

Winners
Saga, up 2.4%
Beasley, up 1.5%
NA

Losers
SBS, down 9.8%
Cumulus, down 5.6%
Radio One, down 4.9%

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