Wednesday, July 16, 2008

GateHouse Media stock closes at 97 cents per share

GateHouse Media stock closed below $1 for the first time today, settling at 97 cents per share, down seven cents from Tuesday's closing price of $1.04.

Things could have been worse. At one point this morning, the stock reached an all-time low of 87 cents per share. The GateHouse Media decline occurred on a day which the stock market closed more than 270 points or 2.5 percent higher than the previous day.

GateHouse Media owns The Carthage Press, Neosho Daily News, Neosho Post, Big Nickel, Aurora Advertiser, Greenfield Vedette, and Pittsburg Morning Sun in this area.

No comments: