Friday, July 20, 2007

Gannett stock: It happened this week

Click on the chart for a bigger version. GCI (blue line) closed today at $51.81, down a whopping 6.5% for the week after Wednesday's discouraging earnings report. Worse still, GCI traded as low as $51.64 during today's session, a new 52-week low. The broader S&P-500 Index (red) fell a much smaller 0.2 of a percentage point.

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Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."

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