Media stocks take larger hit in yesterdays drop
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E&P notes that yesterday’s drop in trading hit media companies a bit harder.
Here’s the numbers they present:
| Dow | -4.3% | |
| S&P 500 | -4.8% | |
| Nasdaq | -5.1% | |
| A.H. Belo | -3.48% | |
| Gannett | -5.59% | |
| Journal Communications | -5.94% | |
| Lee Enterprises | -15.96% | |
| McClatchy | -9.66% | |
| Media General | -2.93% | |
| New York Times | -7.56% | |
| E.W. Scripps | -5.62% | |
| Washington Post | -6.21% |
H/t: Tom Spurgeon
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