Thursday, October 23, 2008

GateHouse Media closes in single digits

GateHouse Media's days on the big board ended with a whimper.

The publishing company, which owns more than 300 publications across the United States, including The Carthage Press and the Neosho Daily News, closed at seven cents per share yesterday, down seven cents from Wednesday's closing price of 14 cents.

Today was the last day GateHouse Media stock will be traded on the New York Stock Exchange, which delisted the company, effective Friday, after it failed to reach $1 per share for the past few months.

The stock will still be traded over the counter.

1 comment:

Anonymous said...

Wow, seven cents a share, I should have spent that $700 bucks I have and got a seat on their board.