Stock | In big turnaround, NYT shares gain

Less than two weeks before the end of the year, shares of major newspaper publishers have staged a huge comeback from a year ago, when several were in danger of bankruptcy. The year-to-date performance of seven stocks I follow, according to Google Finance:

• Lee: up 871%
• McClatchy: up 316%
• E.W. Scripps: up 199%
• Gannett: up 75%
• News Corp.: up 64%
• New York Times Co.: up 42%
• Washington Post. Co.: up 12%

For context, NYT shares closed Friday at $10.40 vs. a 52-week low of $3.44.

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