Shares recently traded for $2.29, up 7%, after GCI announced furloughs, and investors overall rallied around the banking industry. The Dow Jones industrials and the S&P-500 are up more than 4%.
Monday, March 23, 2009
Gannett jumps 7% on furloughs, as banks surge
Shares recently traded for $2.29, up 7%, after GCI announced furloughs, and investors overall rallied around the banking industry. The Dow Jones industrials and the S&P-500 are up more than 4%.
5 comments:
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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How much was this worth for Craig?
ReplyDeleteHow many hourly worker's furloughs could Craig's bonus pay for?
ReplyDeleteSome leadership! I'll follow you over the hill Craig.
ReplyDeleteThe stock went up because the Dow went up 500. It'll be under $1 in a couple months.
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