Suffering Saga: A Five-Year Low On Wall Street


With seconds to go in Friday’s trading session on the Nasdaq Global Markets, Saga Communications eked out a 23-cent gain, finishing the week at $20.03.

A late-afternoon buy on light trading helped propel SGA back above the $20 mark after finishing Thursday at $19.80.

Still, the situation on Wall Street for the company led by Ed Christian and Sam Bush is far from bright. Saga stock is down by more than $6 a share since the start of August, and since mid-August have largely been below the COVID-19 fueled dip seen at the start of the pandemic.

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