NY Times (NYT) Up 20% in 3 Months: How Should Investors Play?
New York Times(NYT) ZACKS·2024-07-08 22:07
The New York Times Company (NYT) has seen a remarkable uptrend in its stock performance over the past three months, driven by substantial growth in its subscriber base and a strategic shift toward digital media. This evolution has solidified NYT's position as a key player in the ever-changing media landscape.In the said period, NYT's stock has risen approximately 20.1%, outpacing both the industry’s 18.8% increase and the S&P 500's growth of 7.6%. On Jul 5, 2024, the stock reached a 52-week high of $52.58 b ...