REIT fever in outdoor advertising sector


A favorable IRS private letter ruling for CBS Outdoor (CBSO +6.1%) is giving the outdoor advertising sector an afternoon lift. The IRS set the table for CBS Outdoor to convert itself to a REIT.

Advancers: Clear Channel Outdoor (CCO) +3.1%, AirMedia Group (AMCN) +3.0%, Lamar Advertising (LAMR) +5.6%.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs