The stock of tronc Inc (NASDAQ:TRNC) is a huge mover today! About 269,390 shares traded hands. tronc Inc (NASDAQ:TRNC) has risen 34.65% since April 5, 2016 and is uptrending. It has outperformed by 32.69% the S&P500.
The move comes after 6 months positive chart setup for the $337.32M company. It was reported on Nov, 7 by Barchart.com. We have $27.43 PT which if reached, will make NASDAQ:TRNC worth $573.44M more.
According to Zacks Investment Research, “Tronc, Inc. is a media company. The Company offers sports, entertainment, business, real estate and travel news and information primarily in the United States. Its portfolio of news and information brands includes daily and weekly titles, digital properties and verticals in markets. Tronc, Inc., formerly known as Tribune Publishing Company, is based in CHICAGO, United States.”
More notable recent tronc Inc (NASDAQ:TRNC) news were published by: Bizjournals.com which released: “Gannett ends its long pursuit of Tronc” on November 01, 2016, also Marketwatch.com with their article: “Tronc said it had agreed with Gannett on a purchase price in mid-September” published on June 20, 2016, Globenewswire.com published: “tronc, Inc. Reports 2016 Third Quarter Results” on November 01, 2016. More interesting news about tronc Inc (NASDAQ:TRNC) were released by: Bloomberg.com and their article: “Gannett-Tronc Deal in Doubt as Banks Pull Financing” published on October 27, 2016 as well as Wsj.com‘s news article titled: “Tribune Publishing Just Changed Its Name to ‘tronc'” with publication date: June 02, 2016.
TRNC Company Profile
tronc, Inc., formerly Tribune Publishing Company, incorporated on November 21, 2013, is a content curation and monetization firm focused on creating and distributing content across all channels. The Company’s portfolio of news and information brands includes daily and weekly titles, digital properties and verticals in markets across the country. The Company’s brands are sources of local news and information across all platforms, including print, online, mobile and social, in the markets they serve.
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