By: Mark Fitzgerald
Shares of GateHouse Media Inc. fell below $2 Thursday, plummeting more than 13% on the day.
GateHouse (NYSE: GHS) closed at $1.81, down 28 cents, or 13.4%. Its previous low had been $2.09. In the past year, it has traded as high as $19.00.
Newspaper stocks were generally down across the sector, but far more modestly.
Media General Inc. (NYSE: MEG) closed at $10.87, down 63 cents, or 5.84%.
The McClatchy Co. (NYSE: MNI) fell 24 cents, or 4.52%, to close at $5.07.
Shares of The New York Times Co., Gannett Co. Inc., and A.H. Belo were all down in a range of 1.5% to 2.75%.