Johnston Press share price plunges by 77% in two weeks

Roy Greenslade: Am I alone in having noticed the plunging Johnston Press share price? As I write, it stands at just 3.9p, having fallen from 17p less than two weeks ago. That’s a 77% slump.

Earlier this year, the price was touching 30p. It began to slip in early May. Then, when the publisher secured almost unanimous shareholder approval for its £360m refinancing plan on 27 May, it went off the cliff.

For the full story read The Guardian

Related Post