Spanish Broadcasting System (Nasdaq:SBSA) has been downgraded by TheStreet Ratings from from a hold to sell.
Shares of Spanish Broadcasting System (Nasdaq:SBSA) have taken a tremendous swing upward. The stock is trading at $3.65 as of 11:45 a.m. ET, 22.5% above Tuesday's closing price of $2.98. Volume is at 73,616, 0.4 times the daily average of 188,400.