Sinclair Shares Rise at Week’s End, Attention Turns to Next Week’s Trading
Sinclair Inc. shares picked up a bit on Friday, but the move reversed just a slice of losses from earlier in the week. The stock enters the holiday-shortened U.S. trading week still down after the sharp midweek selloff. The broadcaster’s Class A shares finished Friday at $13.86 on Nasdaq, up 1.76% after moving from $13.73 to $14.03 during the session. On the week, shares slipped roughly 1.1% from last Friday’s $14.01 close. Tuesday’s 5.05% slide was the biggest daily move for the stock in the period.