Stocks of Lamar and OUTFRONT outperformed the market while Clear Channel Outdoor lagged in 4Q 2022 (Billboard Insider)
Lamar was up 14%, OUTFRONT was up 10%, the S&P 500 was up 7% and Clear Channel Outdoor declined 23%. Delays in the sale of Clear Channel Europe and concerns about how a recession might impact a debt-heavy balance sheet weighed down Clear Channel Outdoor stock. Out of Home stock performance in fourth quarter of 2022. […]
Thu, Jan 5, 2023 at 3:49 PM