Gray Television (GTN, Financial) experienced a significant stock decline of 5.13%, with shares priced at $3.33. The trading volume reached 1.025 million shares, with a turnover rate of 1.03% and a price fluctuation of 4.56%. Recent financial reports show revenues of $950 million and a net profit of $96 million, resulting in earnings per share of $0.87 and a P/E ratio of 2.23.
Among six rating institutions, 50% recommended buying, 17% holding, and 33% selling the stock. The broadcasting industry saw an overall decline of 0.87%, with Curiositystream Inc. and Urban One, Inc. showing significant gains, while Fubotv Inc., Gray Television, and Nexstar Media Group, Inc. remained active.
