The Traderszone Network

Published in TZ Latest News 7 April, 2017 by The TZ Newswire Staff

Scripps Pulls Up Into A Base After A Long, Deep Slide

E.W. Scripps (SSP) ended a 19-month decline in November. The stock has since nearly doubled and, more importantly, is forming its first proper base in more than two years.

Scripps began its dive in April 2015, just after it merged with Journal Communications, the owner of the Milwaukee Journal. The companies joined, then spun out their combined newspaper business (Scripps had owned more than a dozen local newspapers) under the name Journal Communications Group.

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