ARN Media hits new low on bad day for Unmade Index audio stocks
ARN’s valuation slumped to an all time low on Monday, falling 4.7% to a market capitalisation of just $128m.
The fall came on a rough day for audio stocks with Southern Cross Austereo losing 3.6% to land on a market cap of $192m and Global Traffic Network losing 3.5%, falling to a $53m valuation.
Vinyl Group also had a rough day, losing 3.3% to land on a $120m market cap.
