An independent journal about the Gannett Co. and the news industry's digital transition
Thursday, July 19, 2007
Investors punish quarterly results
Shares fell 2.5% today after the second-quarter results, closing at $53.49 after trading as low as $52.88 during the day. That's drawing closer to the 52-week low: $51.65. Volume was more than three times the 1.75 million daily average shares trading.
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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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No comments:
Post a Comment
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."
Note: Only a member of this blog may post a comment.