KhanPhelan

Khan's Watchlist - KW 01/02 - $NYT

NYSE:NYT   New York Times Company (The)
Dropped hard after announcing to buy “The Athletic” for 550M. Will pressure the Earnings/Profit for the next 3 years but deliver a strong subscriber-base and well-established sports-journalists that moved from newspapers to the website in the past. In addition, it is a cash-only deal so no share-dilution.
I expect it to drop a bit more – 0.5Fib-Level/Bottom Yearly Trend-Channel looking good for a possible reversal.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.