posted February 19, 2009 03:30 PM
Yesterday, the New York Times stock, NYT, traded at $3.77 per share...which is less than the price of one paper from the Sunday edition of their so called newspaper.The $8 per share which stock analysts had predicted last year when NYT was trading at $12 and $13 per share is only a fond memory of yesteryear at the Lying Times.
It's not nice to lie to America and those who print lies are now paying the price for having done so. Couldn't happen to a more deserving bunch of liars.
New York Times Stock Now Costs Less Than Sunday Paper
Henry Blodget|Feb. 18, 2009, 11:05 PM
And gettting cheaper all the time!
Check out this very ugly chart:
Shares of NYT (NYT) dropped 29 cents today to close at $3.77. The Sunday paper goes for $4 at the newsstand.
Maybe they could save costs by printing the paper on their stock certificates.
http://www.businessinsider.com/new-york-times-stock-now-costs-less-than-sunday-pape r-2009-2