LA Biz Observed
 
Bio • Email • Archive
 

 

Tribune stock was down $0.04, or 0.12 percent, just before the close, which is not exactly a huge response to news of Jeff Johnson's firing. But it is worth noting that since the stock hit a 52-week high of $34.28 on Sept. 22, right after Tribune's board announced plans to consider major restructuring, shares have been sliding (and remember, this is in the midst of the Dow hitting record highs). Today, the stock was trading at $32.93. It's been in the $29-$33 trading range for the past few months. None of which suggests much enthusiasm about the company or its options.

> | More
© 2003-2011   •  About LA Observed  •  Email the editor
Mark's latest news
and commentary
 
 
LA Biz Observed
by topic
Economy and jobs
Media, books & Hollywood
Politics and labor
Travel, food and life
Technology
Land and real estate
Wealth and poverty
 
 
New at
LA Observed
 
6:50 PM Thu | Largest crowd for a Walk of Fame star ceremony that many could remember, outside the Capitol Records tower on Thursday. Photo by Gary Leonard.