Sinclair Broadcast Group (SBGI) gapped open higher Wednesday and has continued to rise sharply in early trade. The stock is now up 1.40 at $11.60.
Sinclair Broadcast Group has climbed above nearly a one-month range and has set a 4-month high. The company reported second quarter net income of $0.37 per share this morning, up from $0.23 per share last year. The consensus estimate was for EPS of $0.29.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.