Sinclair (SBGI) Shares Skyrocket, What You Need To Know

What Happened? Shares of media broadcasting company Sinclair (NASDAQ:SBGI) jumped 14.5% in the morning session after it reported third-quarter 2025 results that surpassed Wall Street expectations. The company posted revenue of $773 million, and its GAAP loss per share of $0.02 was significantly narrower than the anticipated loss of $0.85 per share. While sales fell 15.7% from the previous year, the top-line result still edged out forecasts. Adding to the positive news, Sinclair's guidance for the upcoming ...