Updated at 4:30 p.m. ET: Gannett's stock plunged 4.5% today, closing at $24.42 a share --down $1.15, on grim news about last month's revenue decline. Shares traded as low as $23.81 during the day before recovering. About 6.4 million shares traded, more than twice the 2.7 million daily average, Google Finance says.
Earlier: GCI's stock has traded as low as $24.04 a share, down $1.55, so far today on news of last month's big revenue decline. That eclipses the most recent 52-week low of $25.17, Google Finance says.
Wednesday, June 18, 2008
1 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.
Subscribe to:
Post Comments (Atom)
I'm gearing up for the pay cut now.
ReplyDelete