PRESS-RELEASE ·Filed May 18, 2026
Press release · Announcement
Actionable Insight • Neutral
No material trading signal. Monitor for any broader restructuring or station-group performance commentary in upcoming earnings, which none accompanied this filing.
Final — all horizons settled through T+60d ⚠ clustered
GTN ▲ +14.96% at T+60d
NEUTRAL call +14.96% · α vs SPY +10.11% · entry $4.21 → $4.84
T+1d
-7.36%
call -7.36% · α -6.71%
$3.90
settled 5mo ago
T+5d
-3.33%
call -3.33% · α -4.94%
$4.07
settled 5mo ago
T+20d
-7.36%
call -7.36% · α -8.94%
$3.90
settled 4mo ago
T+60d
+14.96%
call +14.96% · α +10.11%
$4.84
settled 3mo ago
Price Chart
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Executive Summary
Gray Media announced the appointment of Jay Hiett as General Manager for three Louisville stations (WDRB, WAVE, WBKI). This is a routine mid-level management change in local television operations with no financial terms or material business impact disclosed.
Key Facts
- Jay Hiett named GM for WDRB, WAVE, WDRB, and WBKI in Louisville, effective immediately
- No financial terms, compensation, revenue targets, or performance metrics disclosed
- Routine station-level leadership change at a single market (though tri-station) market out of 117 markets Gray operates
Financial Impact
No financial impact disclosed or estimable
Risk Factors
- Underperformance in Louisville could follow a new GM transition, but this is speculative
- Leadership changes at local stations are not correlated with station-group stock returns
Market Snapshot
Exchange
NYSE
Sector
Television Broadcasting Stations
Analyst Consensus
67% bullish (9 analysts)
Investment Themes
Media & Telecom
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3296869 |
43 reports for GTN
75% Hit rate @ T+5 Went positive at some point 3 of 4 best @ T+60▲ +22.02%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Press Release | $4.55 | awaiting T+5 | — | $4.58 (+0.77%) |
Oct 20, 2026 6d ago | Press Release | $4.63 | awaiting T+5 | — | $4.58 (−1.08%) |
Oct 15, 2026 11d ago | Press Release | $4.46 $4.70 | ▲ +5.38% | ▲ +6.40% | $4.58 (+2.69%) |
Oct 9, 2026 17d ago | 8-K | $4.43 $4.48 | ▲ +1.13% | ▲ +2.62% | $4.58 (+3.39%) |
Oct 9, 2026 17d ago | 8-K | $4.54 $4.38 | ▼ −3.52% | ▼ −1.56% | $4.58 (+0.88%) |
Oct 2, 2026 24d ago | Press Release | $4.54 $4.54 | · 0.00% | ▼ −1.16% | $4.58 (+0.88%) |
Sep 28, 2026 28d ago | 8-K | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.58 (−0.22%) |
Sep 28, 2026 28d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.58 (−0.22%) |
Sep 28, 2026 28d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.58 (−0.22%) |
Sep 23, 2026 4w ago | Press Release | $4.58 $4.50 | ▼ −1.75% | ▼ −1.07% | $4.58 (−0.00%) |
Showing 10 of 43
US Market Status
Market Closed — Opens Wed (12h)
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