The Thursday release of Meredith Corp.‘s fiscal Q2 2020 couldn’t have come at a better time for shareholders. It’s been nearly 7 1/2 years since MDP has been trading so low, off from a November 2017 finish of $68.15.
That said, Meredith is a bit of a different company today, and its investors may finally be pleased with the path its leadership has paved — and how its local media arm is performing. The second quarter was a good one, sending Meredith shares into a strong rebound on the NYSE.
