Tag: Cumulus Media

  • Broadcasting Radio Stocks: Pandora Media (NYSE:P), Emmis Communications Corporation (NASDAQ:EMMS), Cumulus Media (NASDAQ:CMLS), Salem Communications (NASDAQ:SALM)

    Pandora Media Inc (NYSE:P) Director Crosslink Capital Inc sold 500,000 shares of Pandora Media Inc (NYSE:P) stock on the open market in a transaction dated Tuesday, February 25th. Pandora Media Inc (NYSE:P) stock opened at $38.51 in last session, and closed at $37.42, while the day range of P stock is $36.79 – $38.96. The stock showed a positive weekly performance of 0.65%.

    Emmis Communications Corporation (NASDAQ:EMMS) CFO Patrick M. Walsh sold 100,000 shares of the company’s stock on the open market in a transaction dated Monday, February 24th. Emmis Communications Corporation (NASDAQ:EMMS) stock opened at $3.19 in last session and closed at $3.14, by losing -3.09%. The 52 week range of EMMS is $1.43 – $3.67. Company’s market capitalization is $130.89million.

    On Friday, WCOA-FM/Pensacola switched from a News/Talk simulcast with sister station WCOA-AM and launched The Jet 100.7 as a Classic Hits-formatted station. Jerry King joins the Cumulus Media Inc (NASDAQ:CMLS) -owned stations, from Cumulus Media Networks, as Operations Manager for the Pensacola cluster and as PD of Jet 100.7FM. Cumulus Media Inc (NASDAQ:CMLS) stock advanced 0.46% and finished the last session at $6.56. The EPS of the stock remained -0.56. Company’s market capitalization is $1.20billion.

    Shares of Salem Communications Corp. (NASDAQ:SALM) rose slightly on Friday after the company announced fourth quarter results. Salem Communications Corp (NASDAQ:SALM) stock opened the session at $9.23, and closed the session at $9.09. The 52 week range of the SALM stock remained $6.17 – $10.14 and the day range was $8.91 – $9.32.