Cumulus Ditches Nasdaq Fight For OTC Stock Shift

Radio & Television Business Report

Author: Adam Jacobson
April 23, 2025 5:03 pm

Frank Lopez-BalboaIt finished Wednesday’s trading session on the Nasdaq Global Market exchange at exactly $0.2699 and in immediate after-hours trading sank by 24%. Why? Investors likely learned of a SEC filing made following the close of trading indicating that Cumulus Media has decided to shift its publicly traded shares to the OTC Markets.

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