Gannett (GCI) Stock Surges Over 5% Amid Industry Gains

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Dec 17, 2024
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Gannett Co Inc (GCI, Financial) saw a significant stock increase of 5.04%, trading at $5.63 with a volume of 670,378 shares. The stock's turnover rate was 0.45%, with a volatility of 8.40%. Recent financials reported revenue of $612 million, a net loss of $19.65 million, and a negative earnings per share of $0.14. The price-to-earnings ratio stands at -7.03. Among analysts, 50% recommend buying, 25% holding, and 25% selling.

Within the publishing industry, which rose by 0.44%, Gannett, Educational Development Corporation, and Pearson showed notable gains. Gannett operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions, with a strong presence in the U.S. and U.K.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.