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Why Sinclair Broadcast Group Stock Jumped 10.9% This Week

Sinclair Broadcast Group (NASDAQ: SBGI) saw its stock price climb 10.9% this week as of Friday's opening bell, according to S&P Global Market Intelligence. The markets were up slightly this week, as the S&P 500 gained 0.9%, the Dow climbed 1.3%, and the Nasdaq Composite increased 0.7% as of Friday morning's opening bell. Sinclair is a media conglomerate that owns 185 television stations in 86 markets, as well as national and regional networks, including Bally's regional sports networks, and the Tennis Channel. Read More...

Sinclair Broadcast Group (NASDAQ: SBGI) saw its stock price climb 10.9% this week as of Friday’s opening bell, according to S&P Global Market Intelligence. The markets were up slightly this week, as the S&P 500 gained 0.9%, the Dow climbed 1.3%, and the Nasdaq Composite increased 0.7% as of Friday morning’s opening bell. Sinclair is a media conglomerate that owns 185 television stations in 86 markets, as well as national and regional networks, including Bally’s regional sports networks, and the Tennis Channel.

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