Thursday, February 19, 2009

It's Official: New York Times Isn't Worth The Paper It's Printed On

From The Business Insider:

New York Times Stock Now Costs Less Than Sunday Paper

And getting cheaper all the time!

Eddy Elfenbein at Crossing Wall Street:

Check out this very ugly chart:

Click to enlarge.

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.

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