New York Times (NYT) shares drop to a two-year low - signaling investors have lost hope in a...

|About: New York Times Co. (NYT)|By:, SA News Editor

New York Times (NYT) shares drop to a two-year low - signaling investors have lost hope in a newspaper industry recovery. Revenue from its new subscription wall, while surprisingly strong, remains only a very small part of total sales, and won't likely offset the costs of its newsroom.