Multimedia Company Urban One (NASDAQ: UONE) influences the large public with its subsidiaries throughout all U.S states. Today UONE jumps adding around 4 points by increasing volume to over 2.55 million shares.
Since BLM protesters gathered to gain rights on U.S streets UONE soared in June and fell in July. It seems a new bouncing movement has come along with ongoing demonstrations in several U.S cities. Urban One and other media companies cover the news coming from places of protests.
Just like previous growth UONE may rise again and plunge slowly under $10. However, there is no exact time of protests’ end and even long term investors should consider UONE now.