Media Industry
Industry: Email Alert RSS FeedClear Channel Communications Inc. stock rose $2.18. (Aug 22, 1997)(Brief Article)
Broadcasting & Cable, August, 1997
Clear Channel Communications Inc. dock rosa $2.18, to $62, last Friday, the day after Standard & Poor's said Clear Channel will take Tandy Computers Inc.'s place on the S&P 500 Index. S&P's indexes are considered key barometers of stock market activity. However, a surge in stock price is expected when a company is named to the index.
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