EdgeWater 1/22/2011 12:18:56 AM
News / Business

Newspaper Stocks In Focus (NYT, MNI, GCI, LEE)

Newspaper Stocks In Focus

The New York Times Company (NYSE:NYT) added 6.55% to $10.74. The stock has a 52-week range of $7.06-$13.94.

The stock has average daily volume of 2.95 million shares. At today`s closing market price, the market capitalization of the company stands at $1.57 billion.

The McClatchy Company (NYSE:MNI) fell 2.45% to $5.18. The stock opened at $5.25 and is trading within the range of $5.10-$5.30.

The McClatchy Company is a hybrid print and online, news and advertising company.

Gannett Co., Inc. (NYSE:GCI) surged 0.41% to $14.55. The stock has a 52-week range of $11.65-$19.69. The stock has average daily volume of 3.27 million shares. At today`s closing market price, the market capitalization of the company stands at $3.48 billion.

Lee Enterprises, Incorporated (NYSE:LEE) lost 5.00% to $2.85. The stock opened at $2.96 and was trading within the range of $2.75-$2.96.

Lee Enterprises, Incorporated provides local news, information and advertising in midsize markets, with 49 daily newspapers and a joint interest in four others, nearly 300 weekly newspapers and specialty publications in 23 states. 

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