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Trump says NYT ‘failing’ but the stock is up 30% since election

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Trump says NYT ‘failing’ but the stock is up 30% since election

President Trump loves to take potshots on Twitter at media companies that he thinks treat him unfairly. On Wednesday, Trump attacked one of his favorite targets, the New York Times, tweeting from his @realdonaldtrump account. "Remember when the failing @nytimes apologized to its subscribers, right after the election, because their coverage was so wrong. Now worse!" Trump loves to claim that the publisher is "failing," but that idea needs to be fact checked, because shares of New York Times Co (NYT). are up 30% since he was elected president. If that's a failure, what's his definition of success? The company's stock is also up nearly 9% so far this year. That's better than the overall market and much better than many of its dead tree and ink rivals. View Full Article

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