The usual ups and downs on the stock market were in evidence during the week of April 6-10, with some broadcasters registering gains and others suffering losses. But for the two companies listed in the headline, the week was nothing short of spectacular.
On the plus side, there were no equally large percentages during the week that if they occurred could only be called calamities.
iHeart gained $1.36 per share in posting an awesome gain of 25.42%. That is more than enough to lead the pack in a normal week.
But SBS did not have a normal week. It gained just about the same amount, slightly more in fact at $1.38 per share, but with its lower starting point, the gain came in at an incredible 37.46%.
Entercom also had a nice week on the radio side, with a 6.53% gain. The biggest loser was Salem, with a comparatively modest loss of only 3.53%.
There were no hot stocks on the television side. The best gain any group could muster was the 0.88% uptick posted by Fox.
Two television groups came close to tying for the worst week, with Media General’s -4.31% slightly more dismal than Tribune’s -4.21%.
Here are full RBR+TVBR results for the week.
| RBR Radio Index | |||||
| Stock Market | 4/2/2015 | 4/10/2015 | |||
| Company | Symbol | Close | Close | Net Chg | Pct Chg |
| Beasley | BBGI | 5.03 | 5.03 | 0.000 | 0.00% |
| Cumulus | CMLS | 2.57 | 2.52 | -0.050 | -1.95% |
| Emmis | EMMS | 1.9 | 1.93 | 0.030 | 1.58% |
| Entercom | ETM | 12.25 | 13.05 | 0.800 | 6.53% |
| iHeart Media | IHRT | 5.35 | 6.71 | 1.360 | 25.42% |
| Radio One, Cl. D | ROIAK | 3.16 | 3.27 | 0.110 | 3.48% |
| Salem Comm. | SALM | 6.23 | 6.01 | -0.220 | -3.53% |
| Saga Commun. | SGA | 41.26 | 41.1 | -0.160 | -0.39% |
| SBS | SBSA | 3.681 | 5.06 | 1.379 | 37.46% |
| TVBR TV Index | |||||
| Stock Market | 4/2/2015 | 4/10/2015 | |||
| Company | Symbol | Close | Close | Net Chg | Pct Chg |
| CBS | CBS | 61.16 | 61.6 | 0.440 | 0.72% |
| Entravision | EVC | 6.4 | 6.37 | -0.030 | -0.47% |
| Fox | FOXA | 34.04 | 34.34 | 0.300 | 0.88% |
| Gray | GTN | 14.1 | 14.15 | 0.050 | 0.35% |
| Media General | MEG | 17.4 | 16.65 | -0.750 | -4.31% |
| Nexstar | NXST | 57.77 | 58.38 | 0.610 | 1.06% |
| Sinclair | SBGI | 31.555 | 31.62 | 0.065 | 0.21% |
| Tribune Media | TRCO | 61.82 | 59.22 | -2.600 | -4.21% |
