Citi Adds New York Times (NYT) to 'Most Preferred List'; Shares Move Lower

June 7, 2012 12:18 PM EDT
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Price: $13.55 +0.37%

Rating Summary:
    1 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

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    Up: 13 | Down: 22 | New: 54
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Shares of New York Times (NYSE: NYT) are under pressure Thursday afternoon despite being added to Citi's "Most Preferred List" this morning.

While the S&P 500 is trading up about 0.6 percent at last check, New York Times shares are down 1.3 percent to $6.62.

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