Profit Takers Leave Their Mark At Week’s End

    Thumbnail

    Friday’s action on Wall Street was marked with sales, as investors opted to cash in on recent improvements from some of the radio and TV industry’s key players. At  iHeartMedia,  shares fell 6.9%, to $1.22, after the company enjoyed a nice improvement for the week. Meanwhile,  Nexstar Media Group  dipped 1.4%, to $70, while  Meredith Corp.  declined 1.6%, to $62.70. Sinclair Broadcast Group  shares were off 3.9%, to $41.25, as investors reacted negatively to the company’s pricing of an underwritten public offering of 12 million primary shares of Class A common stock at a price to the public of $42

    Originally posted here:
    Profit Takers Leave Their Mark At Week’s End

    Both comments and pings are currently closed.

    Comments are closed.

    Powered by WordPress | Designed by: best suv | Thanks to toyota suv, lexus suv and ford suv
    Facebook Like Button for Dummies Radio, free radio, radio, radio stations, radio, internet radio, radio, online radio, radio, radio news, radio, radio jobs, radio, digital radio, radio, radio engineering, radio, radio programming, radio, radio sales, radio production, radio jobs, radio, radio blogs