PrintNovember 11, 2008
New York Times hits new low
Not just journalistically. The common stock of the New York Times Company fell sharply Monday, and continues down today. As of the time of this posting is at $8.16, down from a high of over $50 six years ago.
Note the high volume of trading recently on bad news. To me, this looks a lot like institutional holders bailing out.
Hat tip: Robert McCurtain
Hat tip: Robert McCurtain
