Shares of Iheartmedia Inc (OTCMKTS:IHTM) fell 8.2% during trading on Monday . The company traded as low as $8.84 and last traded at $9.02, 7,988,802 shares traded hands during trading. An increase of 52,882% from the average session volume of 15,078 shares. The stock had previously closed at $9.83.

The business has a 50-day simple moving average of $8.57.

Iheartmedia Company Profile (OTCMKTS:IHTM)

iHeartMedia, Inc operates as a media and entertainment company worldwide. It operates through three segments: iHeartMedia (iHM), Americas Outdoor Advertising (Americas Outdoor), and International Outdoor Advertising (International Outdoor). The iHM segment offers radio broadcasting, digital, mobile, podcasts, social, live events, mobile platforms and products, program syndication, traffic, weather, news and sports data distribution, and on-demand entertainment; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 100 syndicated radio programs serving approximately 6,000 radio station affiliates.

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