Mark Tapscott – How much further can the New York Times fall? Well, only about 10 bucks a share
“Since February 3, 2004 when the New York Times Company closed on the New York Stock Exchange at $45.69 a share, it has steadily eroded to the point where the latest quote as of today is $10.56 (a decline of 77%). By contrast the Dow Jones Industrial Average during this same period has gone from 10,409 to 12,037 today (an increase of 16%).”
