Split Belo shares mixed in first day of trading

Belo Corporation, the TV company, and A.H. Belo, the newspaper company, began post-split trading today on the NYSE. Both were down for a while, but Belo recovered to positive territory, while the new pure-play newspaper company is still down. When the closing bell sounded on the NYSE, the newest pure-play TV company on Wall Street, Belo Corp., was up 16 cents after adjustment for the spin, or 1.2%, to 13.24. A.H. Belo, its newspaper sister, fell two bucks, or 12.2%, to 14.40.

Add to: del.icio.us | Digg