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The New York Observer

Times Company Falls Again; Market Cap Plunges to $1.1 Billion

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November 12, 2008 | 4:40 p.m
Times Building<br /> (Getty Images)
Times Building
Getty Images

As a follow up from yesterday's bad news, Times Company stock hit another 52-week low today, falling to $7.70 today.

That puts the Company's market cap at $1.1 billion. By comparison, last year at this time the Company's market cap was at $2.7 billion. In an even rougher comparison, George Steinbrenner is worth about $1.3 billion.

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