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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0.76-0.24 (-24.10%)
At close: 4:00PM EST
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Previous Close1.00
Bid0.45 x 2000
Ask0.90 x 300
Day's Range0.60 - 0.99
52 Week Range0.24 - 2.40
Avg. Volume164,729
Market Cap22.18M
PE Ratio (TTM)0.78
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters6 hours 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 Journal7 hours 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.

  • The Wall Street Journal3 days ago

    [$$] Bankruptcy Briefing: MF Global, The Limited and Cumulus Media

    WSJ Pro Bankruptcy journalists discuss the latest news in bankruptcy and corporate restructuring.