The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 7 US Broadcasting Radio Companies had their average stock prices drop by a massive 89% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 7 US Broadcasting Radio Corps have increased by a spectacularly off-the-charts 1,309% through January 24, 2014. And 3 of the 7 were "Ten Baggers Plus". Also, the lowest increase of the 7 was a superb 538%.
Clearly, the investors in and employees of these 7 US Broadcasting Radio Companies must be just elated with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
Below here are the market prices of each of these 7 US Broadcasting Radio Companies on January 24, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 24, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Broadcasting Radio Co | HQs | Price | Price | Price | to | to | |
1-24-14 | 3-6-09 | 12-31-07 | 1-24-14 | 3-6-09 | |||
Salem Communications | Camarillo | CA | 8.60 | 0.34 | 6.59 | 2429% | -95% |
Sirius XM Holdings | New York | NY | 3.64 | 0.15 | 3.03 | 2410% | -95% |
Radio One Inc | Silver Spring | MD | 4.95 | 0.41 | 2.37 | 1107% | -83% |
Entercom Communications | Bala Cynwyd | PA | 9.68 | 0.93 | 13.69 | 941% | -93% |
Emmis Communications | Indianapolis | IN | 3.05 | 0.30 | 3.85 | 917% | -92% |
Beasley Broadcast Group | Naples | FL | 9.23 | 1.00 | 5.20 | 823% | -81% |
Cumulus Media | Atlanta | GA | 6.83 | 1.07 | 8.04 | 538% | -87% |
Average % Change all 7 | 1309% | -89% |