Wednesday, July 09, 2008

Another 11 cents down, another all-time low for GateHouse Media

GateHouse Media, owner of The Carthage Press and Neosho Daily News and more than 300 other U. S. publications, closed at $2.09 per share today, down 11 cents from Tuesday's close. The price was another all-time low for the company, which has been recording all-time lows with regularity recently.

Most of the drop occurred in the closing moments of trading. GateHouse shares were selling for around $20 several months ago.

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