Why iHeartMedia Stock Is Soaring Today

Why is iHeartMedia's stock soaring despite mixed earnings results? The headline numbers don't tell the whole story.Shares of iHeartMedia (IHRT 25.29%) surged as much as 63.2% higher on Thursday morning, powered by a reasonable earnings report paired with a helpful debt restructuring. The broadcast radio and audio-streaming company's stock cooled down later in the day, but the single-day gain was a robust 24.1% just before 2 p.m. ET.The heart of iHeartMedia's Q3 report was neither earnings nor revenuesiHeart ...