Can Sinclair Broadcast Stock Recover To $30 Levels Post Covid?
- Thursday, October 29, 2020, 7:43
- Market
- Add a comment
Sinclair Broadcast Group, the second-largest television station operator in the U.S. behind Nexstar, saw weak advertising sales for its stations and sports networks earlier in the pandemic. Consequently, the company’s stock has lost 48% of its value so far this year, and currently stands…