New York Times Stock Is Down 16% Year to Date, What’s That About?

Since an upward spike after the Jan. 6 insurrection, the stock has been sinking

The New York Times’ stock has fallen 16% year-to-date. At close of market on Friday it stood at $40.92, dropping steadily, stone-like, from a spike in March of this year.

What’s driving this decline? And is media analysts’ stated goal of hitting $57 per share by December 2021 still possible?

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Lindsey Ellefson

Media reporter • lindsey.ellefson@thewrap.com • Twitter: @ellefs0n