Newspaper stocks took a big hit Tuesday, but McClatchy (MNI) shares had the biggest plunge. Here's the roster:
Lee Enterprises (LEE) dropped 0.6%
The New York Times Co. (NYT) dropped 3.46%
Gannett Co. Inc. (GCI) fell 4.38%
E.W. Scripps Co. (SSP) dropped 5%
A.H. Belo (AHC) dropped 9.6%
The McClatchy Co. (MNI) fell a whopping 15.68%
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Hat tip: Fitz and Jen
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2 comments:
Hey, Sacto: we know you read this blog, and we know you don't give a damn what your own employees think about Pruitt's business plan. But hey lookee at what Wall Street is saying. It sucks, big time. It isn't working. It isn't going to work. It's time to find something different. This company is going down faster than the Titanic, so for God's sake, please do something. How about thinning out corporate ranks for a change? How about some new idea from corporate for a change? It's time for change.
How many ways can it be said THEY DON"T CARE!!!!!!
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