The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 7 US Newspaper Publishing Companies had their average stock prices drop by a massive 82% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 7 US Newspaper Publishing Companies have increased by a spectacular 1,046% through January 27, 2014, with 4 of the 7 having stock price appreciation of more than 10 times.
Clearly, the investors in and employees of these 7 US Newspaper Publishing Companies must be just elated with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
Below here are the market prices of each of these 7 US Newspaper Publishing Companies on January 27, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 27, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Newspaper Publishing Companies | 1-27-14 | 3-6-09 | 12-31-07 | 1-27-14 | 3-6-09 | ||
EW Scripps | 17.25 | 0.79 | 31.19 | 2084% | -97% | ||
Journal Communications | 8.34 | 0.49 | 8.94 | 1602% | -95% | ||
Lee Enterprises | 4.03 | 0.29 | 14.65 | 1290% | -98% | ||
Gannett | 27.36 | 2.20 | 39.00 | 1144% | -94% | ||
McClatchy | 4.61 | 0.68 | 12.52 | 578% | -95% | ||
Daily Journal | 161.70 | 34.32 | 41.25 | 371% | -17% | ||
New York Times | 14.53 | 4.07 | 17.53 | 257% | -77% | ||
Average % Change all 7 | 1046% | -82% |