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Gannett Stock Hits 18-Year Low

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Editor And Publisher   |  Mark Fitzgerald   |   October 22, 2008 10:39 PM

Read More: Gannett, Gannett Stocks, Newspaper Stocks, Newspapers, Media News

On a bad day for newspaper stocks, shares of Gannett Co. (NYSE: GCI) sank Wednesday to their lowest price in 18 years.

Gannett tumbled 11.25% during the session, shaving $1.18 off its share price to close at $9.31 a share. It price, adjusted for splits and dividends, hasn't been that low since October 1990.

Read the whole story here.

On a bad day for newspaper stocks, shares of Gannett Co. (NYSE: GCI) sank Wednesday to their lowest price in 18 years. Gannett tumbled 11.25% during the session, shaving $1.18 off its share price to ...
On a bad day for newspaper stocks, shares of Gannett Co. (NYSE: GCI) sank Wednesday to their lowest price in 18 years. Gannett tumbled 11.25% during the session, shaving $1.18 off its share price to ...
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- crutnacker I'm a Fan of crutnacker permalink
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Considering what Gannett did to local papers throughout the country, is this any surprise? Like Clear Channel, they took a local medium and tried to nationalize it, alienating their customers, both new and old alike.

    Favorite    Flag as abusive Posted 11:27 PM on 10/22/2008
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