Scripps Stock Slips Despite Better-Than-Expected Q3 Finish


Call it profiteering. Or, have investors sniffed out a deficiency in what appears to be a solid Q3 report from The E.W. Scripps Co.

The former owner of radio stations, which is doubling down on TV with its recently announced half billion-dollar acquisition of 15 Cordillera Communications, on October 17 revealed that it is purchasing Triton, a top tech provider serving the audio media industry, for $150 million.

Is Scripps spending money a bit too fast? 

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