New York Times Company stock below $20

Thomas Lifson
Shares in the New York Times Company fell below the psychologically important $20 mark today, closing down 38 cents, at 19.86, a level it hadn't seen since February, 1997. This represents a 60%+ loss in shareholder value since the peak in 2002.

NYT stock chart 9 14 07
Shares in the New York Times Company fell below the psychologically important $20 mark today, closing down 38 cents, at 19.86, a level it hadn't seen since February, 1997. This represents a 60%+ loss in shareholder value since the peak in 2002.

NYT stock chart 9 14 07