Media outlets rose more than 10% in early Tuesday, boosted by strong performance

Sina Science and technology news Beijing time August 23 evening, by the strong second-quarter earnings, the media shares in Tuesday early in the Nasdaq stock market rose 10%.　　Distribution Media today released the second quarter of 2011 financial results, from the commercial building network (including the movie theater Advertising network), framework advertising network and the store terminal network net revenue of 166.1 million U.S. dollars, an increase of 48%.　　At the same time, the media also expected the third quarter from the core business LCD network revenue will reach 175 million U.S. dollars to 177 million U.S. dollars, the average year-on-year growth of 37%. Boosted by the upbeat news, the shares of the media were up 6% in Nasdaq's early trading in Tuesday, at $28.75. In the pre-trading, the shares of the media has once reached 30 U.S. dollars. (Li Ming)