There was nary a climber on Wall Street as the week came to a close, with Comcast’s 7 cent increase to $38.68 and Hemisphere Media Group’s 19-cent jump to $7.27 the lone improvements for media stocks on Friday.
Audacy Corp. was lower once again as it faces a NYSE stock delisting for failure to comply with minimum price standards. At the Closing Bell, AUD was at $0.6535.
Meanwhile, Beasley Media Group shares stand at $1.30; iHeartMedia is priced at $9.56; and Townsquare Media is at $9.25 per share.
On the TV side of the broadcast media business, The E.W. Scripps Co. slipped to $16.03 as Nexstar Media Group finished at $197.98 after eclipsing the $200 mark for only the second time in its trading history.
For a full glance at Friday’s closing prices for media stocks, please visit the Wall Street Report on the RBR.com homepage.
