The Stock Market Decided Not To Be Depressing This Week
The stock market had its best week since November! Is this the turn around we've been hoping for, or just a bump in the road rally only delaying us on our race to inevitable bottom? Only time will tell. In any event, don't ask Jim Cramer.
McClatchy, the parent company of The Miami Herald, started the week at about $0.47, and despite massive layoffs at The Herald, finished the week up at $0.54. Still a far cry from when it was trading around $10 a year ago.
Lennar got a whopping 41.5% rise, starting at $6.11, and closing today
at $8.49, its highest close in about a month. Burger King gained a
6.19% boost. Perry Ellis, Inc. is up 5.03% for the week.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Miami New Times' biggest stories.
- Dolphins Fire Kevin Coyle, Promote Lou Anarumo
Thu., Oct. 15, 7:00pm
Thu., Oct. 15, 7:30pm
Sat., Oct. 17, 12:00am
Sat., Oct. 17, 10:00am
- The Six Phases of a Gentrifying Neighborhood in Miami
- Chiquitica, Dog Who Sailed From Cuba Last Month, Hit by Car