Market Cap Closed 47.06M. Three days ago it was 56.14M.An explanation of market cap:
Market Cap is the number derived by multiplying price times the number of outstanding shares in a publicly traded company. It is a measure of the total worth of a corporation.
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7 comments:
Stock Information for Dummies-
What do these numbers mean?
Their going bankrupt!
Market cap 47 million
NYT cash in hand 47 million
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NYT can buy the whole shootin match
Bankruptcy for reorganization?
NYT can buy the whole shootin match
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NYT can't even pay it's debt next year, but, News Corp can buy the entire print industry in this country. Fortunately they're too smart for that.
Market Cap is the number derived by multiplying price times the number of outstanding shares in a publicly traded company. It is a measure of the total worth of a corporation.
Hey Gary "Rome is Burning".
What if someone like George Soros wanted to control the print media more than he already does now? He could pick up a bargain or two, and revamp for the future. This looks like his chance. What happened to the other rich man that wanted into the NYT deal?
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