The company's shares recently traded for $8.57, down 10% -- more than erasing the boost Gannett stock got when the company announced it would slash thousands of jobs in a mass layoff set for early next month. Today's dive came amid an overall plunge in global stock prices.Gannett stock closing prices:
- Oct. 27 (day before big layoff announced): $9.13
- Oct. 28 (day of announcement): $10.22
- Nov. 4: (highest price since announcement): $12.34
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