Wednesday, January 2, 2008

Poynter Online: Journal Register (down 75%) is worst newspaper stock, McClatchy (down 71%) is 2nd worst

Here is Poynter Online's tally of how newspaper chains fared in the stock market in 2007:

Washington Post Co. +5%
Belo -3%
E.W. Scripps -10%
New York Times -29%
Journal Communications -31%
Gannett -35%
Media General -35%
Gatehouse -51%
Lee -52%
McClatchy -71%
Journal Register -75%

McClatchy (down 71%) was the 2nd worst newspaper stock in 2007. The Journal Register (down 75%) was the worst. Info on the Journal Register here.