With Monday’s Closing Bell on the Nasdaq GlobalSelect exchange, Urban One’s common stock finished at $6.88.
While the gain was a 8.5% improvement from Friday, and was followed by an immediate 2.6% decline in early after-hours trading, one thing is rock solid about the company superserving African American consumers.
Urban One stock appears to have solidified a “new normal” nearly seven times as high as where its shares were before the coronavirus and George Floyd became universally known.
And, it comes on a report that it is teaming up for ownership of a $517 million casino resort in Richmond.
