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Thursday, November 13, 2008

GANNETT STOCK SETS NEW RECORD LOW

Gannett Co., Inc., - The Daily Times and USA Today parent company - set an all time record low at 10:48 a.m. The stock tumbled to $8.05/share shattering a previous record low of $8.49/share. Recently, Gannett was downgraded by S&P - rating agency to near junk bond status.

Click here to see trading details: http://finance.google.com/finance?q=NYSE:GCI

2 comments:

Daddio said...

I clicked the link you provided, and found another link there:

Gannett Co. acquires social media firm Ripple6

It looks like from that article they are looking to improve their digital (read: online) presence.

Jason S. said...

It's a bit late don't you think? I mean thee 'exects' should have seen the page turning years ago and been busy developing online relationships no less than 3 years ago. I mean does it take a masters degree to know the Internet is/was going to outlast printing on paper?