[GCI in blue vs. S&P-500 index in red; click image for bigger view]
Gannett's shares fell 5%, closing today at $15.42, during the past five trading days, equal to the 5% decline by the S&P-500 index, a widely watched barometer of broad stock market activity. Shares of major newspaper publishers I watch, with their change over the last five trading days, based on today's just-reported closing prices:
- Gannett: down 5%
- News Corp.: down 7%
- New York Times Co.: down 11%
- Dow Jones Industrial Average: down 5%
- S&P-500: down 5%
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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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