First off, Monday wasn't quite as bad as I had expected, for the (ex-Asia) markets in general. I still think however that we're a long way from the markets bottoming out.
That said, had you been a bottom buyer yesterday, you could have picked up some NYT stock for less than $9. (Remembering that all that yield and dividend will surely change next year, which isn't helping the price recover.)
From a February '08 high of $21 the NYT has lost over 53% of it's value and nearly 80% of its value from a January '04 high of $48.
I must say, I really do like the market tools on www.iht.com and find them much better than what is available on www.nytimes.com for example. I hope the NYT will realise this when www.iht.com is folded into www.nytimes.com
New York Times Co
(NYT:NYQ) NYT on other Exchanges
9.51 USD Last
-0.04 -0.42% Change
2.1M Above Average Volume
Data as of October 27, 2008 16:03 exchange time. Market data is delayed by at least 20 minutes.
Today's Open
9.45 USD
Previous Close
9.55 USD
Today's High
9.68 USD
Today's Low
8.92 USD
Today's Volume
2.1M
Avg Volume (10 day)
1.7M
Fundamentals
Market Capitalization
1.4B
P/E Ratio (TTM)
19.0x
EPS (TTM)
0.50 USD
Dividend
0.92 USD
Yield
9.67%
Ex Dividend Date
08/28/08
Shares Outstanding
143.0M
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