iHeartMedia is a global media and entertainment company with headquarters in San Antonio, Texas. Learn the latest information and analysis on the company, IHRT stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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iHeartMedia is the leading audio media company in America, reaching over 250 million people each month. What used to be an old-fashioned radio now turned into a convenient mobile app with some very creative stations to address more of the audience, for example, Barbie Radio.
The iHeartMedia stock price fell by almost half after a recent sell-off in April-May 2022 and currently trades at $11 (as of 5/27/22). The collapse happened around the strong fear of recession despite strong guidance for Q2 and good potential for the company to increase its revenue.
We like to spice up our recommendations with smaller companies that have the potential to bring higher returns, and what is one man’s strong sell is another man’s strong buy. If you know a lot about the media sector, it’s a good idea to put this stock on your watchlist.
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