Strength Seen in New York Times (NYT): Can Its 5.2% Jump Turn into More Strength?
New York Times(NYT) ZACKS·2024-07-24 00:15
The New York Times Company (NYT) shares ended the last trading session 5.2% higher at $55.09. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.9% gain over the past four weeks.The New York Times Company is likely to benefit from growth in its subscriber base and an increase in digital advertising revenues, which are undeniably pivotal. As the company continues to attract and retain digital subscribers and advertis ...