Shares of Gannett were 2.5% higher to $28.47 after a bullish piece in Barron’s made the argument the stock could rise 40% over the next couple of years due to the company’s shift in strategy. The report said the acquisition of Belo and the erection of paywalls at all 80 of Gannett’s local newspapers sets up the company for revenue growth.
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Shares of Gannett were 2.5% higher to $28.47 after a bullish piece in Barron’s made the argument the stock could rise 40% over the next couple of years due to the company’s shift in strategy. The report said the acquisition of Belo and the erection of paywalls at all 80 of Gannett’s local newspapers sets up the company for revenue growth.
