In midday trading on the NYSE, the company’s shares were a fraction below $0.40 per share. It has been the subject of false reports that a bankruptcy protection plan has been in.
Now, a contributor to TheStreet, Stockhouse and Seeking Alpha currently part of a team that oversees an outside investment manager managing almost $30 billion has authored a report that puts a very big question in the face of Audacy Corp.‘s leadership team.