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iHeartMedia: Q2 Results Show Potential Inflection Point Reached

In late May we discussed iHeartMedia's (NASDAQ: IHRT ) Q1 results and thought there was evidence that a turnaround was occurring. While Q2 results saw the stock get whipped around in afterhours trading (up nearly 25% at theFollow us on Twitter here: @theinvestar Previously a Trader/Portfolio Manager for a Treasury Office managing anywhere from 1020billion(treasuryassets,retirementbenefits,endowmentrelatedfunds),currentlypartofateamthatoverseesanoutsideinvestmentmanagermanagingalmost10-20 billion (treasury assets, retirement benefits, endowment related funds), currently part of a team that oversees an outside investment manager managing almost ...