Friday, 20 February 2009

New York Times Stock Now Costs Less Than Sunday Paper

Eddy Elfenbein at Crossing Wall Street:

And getting cheaper all the time!

Check out this very ugly chart:

Shares of NYT (NYT) dropped 29 cents today to close at $3.77. The Sunday paper goes for $4 at the newsstand.

Maybe they could save costs by printing the paper on their stock certificates.