The company announced losses of $291.7 million, or 60 cents a share, on $550.8 million in revenue. By comparison, it lost $165.2 million, or 45 cents a share, on $587.1 million in revenue in the same period last year (ExpressNews). CCO's goal to sell 51% stake in a Chinese subsidiary and earn net $220 million might cheerup investors with speculation purposes....
SAN ANTONIO, April 28, 2020 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company"), today announced that Clear Channel KNR Neth Antilles N.C., an indirect wholly owned subsidiary of the Company, has tendered its shares representing the Company's 50.91% stake in Clear Media Limited ("Clear Media"), an indirect, non-wholly owned subsidiary...
• CCO
• Why enter? Coming off trend line support also bouncing off 20 ema. Looking to retest resistance at $3.00
• Entry: 2.84
• Stop loss: 2.80
• Profit target 1: 3.00 (5.47%)
• Profit target 2: 3.50 (23.01%)
CCO: Clear Channel Outdoor Americas
2018-09-11 08:00:00
Clear Channel Airports Awarded 10-Year Contract with Portland International Jetport (PWM) to Cultivate a Digital Media Destination for Brands
Clear Channel Outdoor Holdings Inc (CCO) has a possible breakout above 3.90. No resistance below 3.70 Possible morning star djoi tomorrow. Very oversold.
Trade Setup
Buy if it crosses above 3.90
Stop @ 3.70
