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Most large radio operators have seen their shares crumble by more than 25 percent. Among the hardest hit have been Westwood One Inc., which is off 67 percent; Citadel Broadcasting Corp., down 45 percent; and Cox Radio Inc., off 26 percent.

The signal continues to fade for investors in radio stocks, but they may want to stay tuned for next year, as a hotly contested presidential election and improved economy are expected to amplify ad revenues.

Radio firms will become a hot spot for investors and rally of Radio market probably start rally anytime soon. GL

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