As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, New York will likely underperform.
Michael Golden Vice Chairman and President of Regional Media Group and COO of Regional Media Group
New York Price and Market Media
The median price of New York for the period between Thu, Apr 18, 2013 and Sat, May 18, 2013 is 9.2 with a coefficient of variation of 4.12. The daily time series for the period is distributed with a sample standard deviation of 0.38, arithmetic mean of 9.27, and mean deviation of 0.34. The Stock received substential amount of media coverage during this period.
The New York Times Company [NYT] is traded on New York Stock Exchange in USA. It is located in New York, NY and employs 5,363 people. The company currently falls under 'Mid-Cap' category with total capitalization of 1.32 B. The New York Times Company runs under Services sector within Publishing - Newspapers industry. This company has 148.76 M outstanding shares of which 12.21 M shares are now shorted by investors with about 11.9 days to cover shorted positions.
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