CMLS : Summary for Cumulus Media Inc. - Yahoo Finance

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Cumulus Media Inc. (CMLS)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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0.69-0.07 (-9.75%)
At close: 4:00PM EST
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Previous Close0.76
Bid0.69 x 300
Ask0.69 x 100
Day's Range0.65 - 0.74
52 Week Range0.24 - 2.40
Avg. Volume193,486
Market Cap20.02M
PE Ratio (TTM)0.71
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • The Wall Street Journal1 hour ago

    [$$] Scurria's Take: Cumulus Ruling Sends Message On Disputed Workouts

    Companies pulling financial levers to stay out of bankruptcy can’t always count on the courts to take their side, as Cumulus Media Inc. found out last week.

  • Reuters3 days ago

    Cumulus Media refinancing plan rejected by U.S. judge

    A judge on Friday rejected Cumulus Media Inc's bid to proceed with a refinancing plan that the second-largest U.S. radio network hoped would help reduce its $2.4 billion debt load, but was opposed by some lenders. The decision by U.S. District Judge Katherine Polk Failla in Manhattan came in a lawsuit the Atlanta-based company filed in December, accusing JPMorgan Chase & Co of withholding consent to parts of its refinancing plan. In its lawsuit, Cumulus said that JPMorgan's actions in its role as administrative agent under a 2013 credit agreement had threatened a deal it reached with bondholders that would deleverage the company by up to $305 million.

  • The Wall Street Journal3 days ago

    [$$] Cumulus Media Blocked on Proposed Debt Restructuring

    A federal judge on Friday blocked Cumulus Media Inc. from restructuring $610 million in bonds, siding with lenders who challenged the proposed debt exchange.