Tuesday, February 17, 2009

Closing bell: In broad rout, GCI shares down 4%

Gannett's stock fell 4.1% today, closing at $4.02 a share, after trading as low as $3.93 earlier in the day, Google Finance says. Stock markets overall got hammered on fresh worries the U.S. economic stimulus plan won't be enough: The S&P 500 index finished the day down 4.6%, and the Dow Jones industrial average was off 3.8%.

Please post your reactions in the comments section, below. To e-mail confidentially, write gannettblog[at]gmail[dot-com]; see Tipsters Anonymous Policy in the green sidebar, upper right.

10 comments:

  1. Gannetero perhaps?

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  2. I'll never again be employed.

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  3. When it goes back up, someone is going to make a bundle.

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  4. "When it goes back up, someone is going to make a bundle."
    Tee-hee. You're so funny. You do mean IF it goes back up, right? Or are you trying to PUMP interest in the stock? Perhaps you have something to gain (or lose) if things turn around?

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  5. I'm among the most cynical people here ... but I still wouldn't trash someone for a stray, hopeful comment. Wow.

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  6. I dumped a good bit of my stock when it was at $12 and kicked myself as I was doing it, thinking I should have waited for it to go up. Now I am thinking I was a financial genius.

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  7. I talk to an SEC investigator (if you want his name Jim I will send it to you), last year about Gannett stock. They told me to go to Commerce Department. Who knows, the stock still might be at least 40.

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  8. I have four dollars and two cents that it drops below four dollars by the end of this week. Bankrupt?

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  9. You know, it looks like after it hit the $5.00 mark, it was all downhill from there.

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  10. I think I might spend some of my last unemployment check on Gannett stock.

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