Why The New York Times Stock Jumped 21% in May

The New York Times (NYSE: NYT) outperformed a rallying stock market last month. Shares rose 11% in May compared to a 4.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally added to significant recent gains, with the stock up nearly 30% through the first five months of 2020.

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Source Fool.com