Time, Inc.
Company Name | Time, Inc. |
Stock Symbol | TIME |
Status | 1 |
On May 10, 2017, Time issued a press release attributing a decline in its first quarter 2017 revenue, in part, to distractions caused by its efforts to sell the company. On this news, Time’s stock fell $2.15 per share or 14.2% to close at $12.95 on May 10, 2017, thereby injuring investors.
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