Paying the Price: Another Week, Another Pair of Stock Dives at The New York Times and Tribune Companies
Biased, seditious, and ignorant actions have consequences:
The New York Times Company fell $1.59, or 6.7% (link opens in new window) during the just-completed week:
The stock hasn’t traded below $22 since October 15, 1998.
The Tribune Company, parent of, among others, the Los Angeles Times, was lucky — it dropped $1.67, or “only” 5.4% (link opens in new window):
The S&P 500 was up a very slight amount (0.3%) this past week.
