Wednesday, June 18, 2008

GateHouse Media stock reaches another all-time low

The owner of The Carthage Press, Neosho Daily News and more than 300 other publications across the U. S., GateHouse Media, has fallen on hard times.
For the second straight day, the company's stock closed at an all-time low. After closing at $2.79 Tuesday, the stock fell to $2.69 per share today, dipping as low as $2.63.
At its highest point after going public last year, GateHouse Media shares sold for $22.25 per share.

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