Newspaper stocks take a leap

Posted on February 7, 2011


On a good note, newspaper stocks are jumping over the last week. The Associated Press is reporting that Monday’s announcement that AOL will buy the Huffington Post for $315 million is showing that investors are still willing to buy into news organizations. We’re just excited that a newspaper can still be worth $315 million. News Corp., the company that launced the iPad’s newspaper The Daily on Feb. 2, has also seen some stock improvements.