UONE - Urban One rallies 12% rebounding from monthlong 69% slide
With virtually all of the S&P 500 stocks lower out of the open today, radio broadcaster Urban One (UONE) has rallied 12.1% with trading now under way. No stranger to double-digit daily moves over the past year, the stock has strung together heavy declines over the past three weeks. Since hitting a 52-week high of $24.16 on June 11 - a day where it rose 33% - UONE has declined 69%, culminating in yesterday's 9% drop. The company's class D shares, [[UONEK]], are up 1.6% out of the market open.
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Urban One rallies 12%, rebounding from monthlong 69% slide