AirMedia (AMCN) Shares Tumble as Susquehanna Downgrades to Negative

August 24, 2009 11:19 AM EDT

Susquehanna downgrades AirMedia Group (Nasdaq: AMCN) from Neutral to Negative. The firm set a $4.50 price target.

Shares of AirMedia are currently down about 3.6% to $6.98.

Visit our Analyst Ratings page to see all the analyst action on shares of AirMedia.

AirMedia Group Inc., through its subsidiaries, operates digital media network in China for air travel advertising.


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