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Radio giant Entercom calling for late ’18 revenue gains, but Wall Street skeptical

November 7, 2018

Entercom CEO David Field, in his corporate headquarters in Bala Cynwyd in September.

By Staff

Entercom Communications Corp. stock on Wednesday regained some of the ground it lost after a Wall Street battering over third quarter earnings.

Stock in the Philadelphia-based radio giant jumped 7.3 percent to $7.35 a share Wednesday. The Entercom stock had plunged 13.8 percent on Tuesday, to $6.85, on news that third quarter revenues fell 4 percent.

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