Movement Alert｜New York Times Falls 6.06% in Regular Trading, Trading at $59.735

Market Focus10-02

On October 2, New York Times fell 6.06% in regular trading, trading at $59.735 USD/share, with Turnover of $34.6 million. The stock price dropped to its lowest level since February 4.

Within the Publishing sector where New York Times belongs, individual stocks showed broadly weak performance. Among individual stocks, News Corp down 0.96%, News down 0.57%, USA Today up 1.06%, Scholastic down 1.14%, John Wiley & Sons down 2.15%.

New York Times Company is a global media organization that operates through two segments, The New York Times Group and The Athletic. It offers its core news product The New York Times through mobile applications, websites, and print, along with diversified digital products including Cooking, Games, Wirecutter, and Audio. The company most recently reported Q2 adjusted EPS of $0.69, beating the $0.67 estimate, with sales of $762.5 million also exceeding the $752.0 million consensus. Its quarterly dividend was maintained at $0.23 per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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