Boston, MA 06/18/2013 (wallstreetpr) – The share prices of LIN TV Corp. (NYSE:TVL) had surged by 3.70 percent to close at $14.70 per share for the end of last trading session on Monday. The shares of the company had been trading in the range of $13.94 to $14.62 per share during the day, thereby touching new peaks. The shares of LIN TV Corp. (NYSE:TVL) had thus recorded new 52 week high price level of $14.62 per share and the 52 week low price level is at $2.82 per share.
LIN TV Corp. (NYSE:TVL) is a local multimedia company which presently operates 32 network affiliates, television services websites and mobile products in the United States markets. The company also operates multiple network affiliates in 12 other markets. The television stations operated by LIN TV Corp. (NYSE:TVL) are affiliated with a national broadcast network and telecast community stories, local news, sports and entertainment programs to nearly 7.4 percent of the United States television homes.
LIN TV Corp. (NYSE:TVL) had recently appointed Rene LaSpina as the President and General Manager of the two television stations namely the WIVB TV and the WNLO TV in Buffalo, New York which is the 52nd largest television market in the United States. In another announcement made earlier, the local multimedia company had appointed Kimberly Davis as the new Vice President of Human Resources for its operations.
The shares of LIN TV Corp. (NYSE:TVL) had recently been surging to hit new highs with more than average trading volume. The company had witnessed the trade of 695,611 shares on Monday, while the average trading volume for LIN TV Corp. (NYSE:TVL) is at 415,398 shares per day.
LIN TV Corp. (NYSE:TVL) presently holds 54.27 million shares outstanding in the market with an institutional ownership of 38 percent of its holdings.
