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Townsquare Media Group Launches IPO, Shares Fall…

Screen shot 2014-07-25 at 9.46.43 AM

Townsquare Media Group went public on July 24th. The media and marketing services company is listed on the NYSE as “TSQ”.

Townsquare owns and operates 312 radio stations, hundreds of events, and a variety of websites, including Taste of Country, PopCrush, and Diffuser.fm. They also represent Hype Machine, Just Jared, Pretty Much Amazing, and more.

Shares were initially priced at $11, below the previously estimated range of $14 – $16. As of July 25th 1:16 PM EST, shares are trading at $10.25. Trading has gone as low as $10.08.

 

Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u

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Comments (1)
  1. TuneHunter

    The stock will quadruple if Radio including TSQ Radio will convert itself to simple Digital Music Store!

    $100B music industry by 2020! EASY!


    Reply

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