Thursday, November 19, 2015

Cumulus Stock

It's gotten to the point that Cumulus stock is very likely to be de-listed. From today's Tom Taylor's column...

How much lower can Cumulus stock go? “CMLS” touched 20 cents early in yesterday’s trading, a new all-time low. The eventual close of 22 cents (down about 2%) wasn’t quite as bloody, but this isn’t going to show the NASDAQ exchange that Cumulus merits continued listing, once its 180-day grace period expires.