Trinity Mirror’s Share Price Hits New Low After Firing of Editors

By: Roy Greenslade | Guardian.co.uk

In the wake of the firing of the Daily Mirror and Sunday Mirror editors, there was a brief increase in Trinity Mirror’s share price. It didn’t exactly zoom up, though for an hour or so last Thursday it did show a 6% rise before falling back again. In City parlance it was a dead cat bounce.  

The supposed reason for this rise was the claim that the departed Mirror editors, Richard Wallace and Tina Weaver, had been trying to engineer a management buy-out.

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
https://www.editorandpublisher.com/news/trinity-mirror-s-share-price-hits-new-low-after-firing-of-editors/
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *