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Urban One Inc Class A (NASDAQ:UONE) shares are trading lower by 5.4% at $8.85 Friday morning amid profit-taking following a surge on Thursday.
The stock gained on Thursday after the city of Richmond's casino advisory panel recommended the company's ONE Casino + Resort proposal as its preferred casino site. Urban One shares were also trading higher after McDonald's Corp (NYSE:MCD) announced an investment in diverse media.
Urban One is an urban-oriented, multi-media company. Urban One's primary business is a radio broadcasting operation that targets African-American and urban listeners.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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