Estimated reading time: 0 minutes, 23 seconds

The trading price of The New York Times shares dropped 20% after the company announced that it expects third-quarter digital advertising revenues to decline in the high single-digit percentage range on a year-over-year basis. So reports Markets Insider.

The New York Times maintains it will face a significant challenge when comparing third quarter results to the same period last year because rapid growth in 2018 has set a high hurdle for 2019.

Read the full article from The New York Times.

Read 895 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline