Tuesday, May 4, 2010
Stock | NYT pummeled in broad market selloff
NYT Co.'s stock recently traded for $9.65 a share, down 52 cents, or 5.11%, as broader markets dived on renewed concerns over the European Union's bailout plan for Greece. NYT's plunge is greater than other market measures: The S&P 500 Index was recently down 2.5%, and the Dow Jones Industrial Average is off 2.2%, or 248 points. The tech-heavy Nasdaq composite has fallen 3.2%.