Why Shares of Gannett Are Soaring Today
Gannett(GCI) The Motley Fool·2024-09-17 23:19
Analysts at Citigroup placed Gannett on a "90-day positive catalyst watch" this morning. Shares of the large publisher Gannett (GCI 18.98%) zoomed 18% higher this morning after Citigroup analyst Jason Bazinet placed the stock on a "90-day positive catalyst watch" and upgraded his rating to neutral. Bazinet believes the U.S. Department of Justice's current lawsuit against Alphabet's Google could have positive ramifications for Gannett. Eying a positive outcome Gannett is the country's largest newspaper and d ...