What's Up with Gray's Stock?

While it has been a rough couple of months for the stock market, it seems to have been very rough for Gray.

In the past 3 months, Gray Television’s stock is down 30%.

Compare that to Nexstar is down just 6%, and Tegna, whose future is uncertain, is down 17%.

Gray’s stock is selling for about the price of a Big Mac, and 25% of the folks are Robinhood are recommending that if you own the stock, you should sell.

What’s up with Gray?