Why The New York Times Stock Fell 10% in April
Shares of The New York Times (NYSE: NYT) couldn't keep up with a booming market last month. The stock fell 10% in April compared to a 5.2% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.
The decline put the media specialist in negative territory so far in 2021, and shares are also trailing the market's 40% gain over the past full year.
Image source: Getty Images.
Source Fool.com
