Thursday, May 6, 2010

Urgent: In broad market rout, NYT Co. down 5%

Company shares finally closed at $9.21, down 45 cents, or 4.7%, as stock markets overall plunged on growing worries over the debt crisis in Europe. NYT Co.'s performance was worse than broader stock market indexes: The S&P 500 and the Dow Jones Industrial Average both dived 3.2%. At one point, the Dow fell by nearly 1,000. (Updated at 5:25 p.m. ET.)

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