Trade NEW YORK TIMES

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Thinking of trading NEW YORK TIMES?

    1. The newspaper company's growing digital business has impressed investors, and the share price has surged 47% year to date. One of the ways New York Times wants to help drive further growth in digital subscribers is by improving its app, aiming to help users form more regular habits of consuming its content. This will not only make the product better, but it will make marketing more efficient. 2. In February, The New York Times announced a goal to achieve 10 million subscribers by 2025. Today, subscriptions are at 4.5 million.
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The New York Times Company is an American mass media company which publishes its namesake newspaper, The New York Times. Arthur Ochs Sulzberger Jr. has served as chairman since 1997. The New York City paper was established in 1851, and has since gone on to win 127 Pulitzer Prizes, which is more than any other newspaper. The company trades in the NYSE and it is a component of the S&P 400. On March 18, 2005, the company acquired About.com, an online provider of consumer information for US$410 million. In 2005, the company reported revenues of US$3. 4 billion to its investors.

1. Since the company was founded, there have been a few inventions, like computers and phones, which people use more and more every day, so, digital media is having a larger grip each day than regular newspaper, any changes and developments in the company's structure will affect the stock´s direction. 2. Even though The New York Times app exists, it may not be up to the task for the newspaper to stay relevant. 3. Like we already said, since the start of 2019, the company has seen a jump in stock in February, and went on to record a peak of 34.80USD in mid May. Leaving the low of 21.39USD at the beginning of the year in January, and not looking back.

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