A look at yesterday’s media stock drops
On the day that the Dow dropped below 8,000 for the first time in five years, PaidContent.org took a look at how tech and media stocks fared yesterday. We’ve already been tracking many of these drops for you here, but seeing the one-day crash all in one place is sobering to say the least.
Here’s what’s on PaidContent’s list.
– Yahoo was down yesterday 20.8 percent t $9.14 on Steve Ballmer’s most recent comment that Microsoft would not be making another take over offer.
– Media General lost nearly 30 percent of what was left of its value, closing at $2.96.
– McClatchy dropped nearly 22 percent to $1.51.
– Google dropped 5.8 percent to $280 – relatively decent on a dark day.
– New York Times Co. was down 10.3 percent to $6.35.
– News Corp dropped 4.8 percent to $6.55.
Maybe today will be a better one?
- Mobile Marketing Association Announces Repositioning
- AutoNation Announces August 2010 Retail New Vehicle Unit Sales
- Couples Race to Atlanta Open Houses to Win Hidden $20,000 Down Payment Prize
- CarLocate.com Launches Mobile Version of its Nationwide New and Used Car Search Website
- GettingHired.com bolsers services to employers
- WebVisible Launches 2nd Episode of ‘Great Divide’ Documentary Video Series; Expands Nationwide ‘Watch & Win’ Contest
- J.D. Power and Associates: Incentives, Economy Hamper August Vehicle Sales
- CareerCast.com/JobSerf Employment Index Shows Slight Decline in August
- NYTimes.com Adds ‘Log In With Facebook’ Feature
- Boston.com Launches a Free Real Estate App for the iPhone
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