Why Gray Television (GTN) Outpaced the Stock Market Today

In the latest trading session, Gray Television (GTN) closed at $5.67, marking a +1.25% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.77%. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.87%. Coming into today, shares of the broadcast television company had gained 12.45% in the past month. In that same time, the Consumer Discretionary sector gained 2.82%, while the S&P 500 gained 4.87%. Analysts and ...