New York Times shares traded below $20 yesterday for the first time since April 1997. As recently as June, NYT was over $26. The stock was over $30 almost two years ago exactly. In 2002, NYT shares briefly traded over $50. NYT’s fall yesterday was matched by new lows for McClatchy and Lee Enterprises. Gannett […]
Periodically when the market is in an unusually volatile period I like to look at a performance of a wide variety of indices in order to see if there are any anomalies. This time I decided to look at the recovery off the August 16th intraday low. You will remember that was the day where […]
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