Why Lamar Advertising CEO used words like “challenging” and “jitters” during the conference call on Q1 results (Billboard Insider)

Billboard Insider’s take: Lamar dropped 4.4% on a day when the S&P 500 dropped 0.7%, OUTFRONT dropped 8% and Clear Channel Outdoor dropped 9%. Investors are pricing a recession and a reduction in national ad spending into out of home stocks. […]