Stock in US newspaper giant Gannett slumped to a new 52-week low at market close on Friday to close at $27.62. Over the year it had previously traded at a range of $27.77 to $61.68. It was one of many newspaper shares to suffer a fall but, unlike the others, it has implications in Britain because of its Newsquest chain, the fourth-largest regional group with 210 titles. (Via E&P)
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Gannett shares hit year's new low
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