On Sept. 3, TEGNA shares hit $16. By Oct. 1, they were back down to below $14.50.
By the end of the month, a stock price even higher than $16 could be seen — putting a company surrounded by rumors at a fresh year-to-date high on Wall Street.
At the Closing Bell on Friday, TEGNA shares, trading on NYSE, finished at $15.75, up 1% from Thursday.
It continues healthy stock activity from TEGNA seen across Q2 and much of Q3, with improvements from a soft Q1 that saw trading start the year at $11.64 per share.
TEGNA has a 1-year target estimate of $18.