TEGNA (TGNA) Shares are Down -1.1%

TEGNA (TGNA) : During the past 4 weeks, traders have been relatively bearish on TEGNA (TGNA), hence the stock is down -3.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.6% relative to the S&P 500. The 4-week change in the price of the stock is -3.82% and the stock has fallen -1.1% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.97% and the 50-Day Moving Average is 7.34%.The 200 Day SMA reached 11.94%. TEGNA Inc. has dropped 9.54% during the last 3-month period . Year-to-Date the stock performance stands at -18.08%.


TEGNA (NYSE:TGNA): After opening at $20.56, the stock dipped to an intraday low of $20.43 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $20.66 and the buying power remained strong till the end. The stock closed at $20.66 for the day, a gain of 1.37% for the day session. The total traded volume was 1,153,831. The stocks close on the previous trading day was $20.38.

TEGNA Inc., formerly Gannett Co., Inc. is a media and marketing solutions company. The Company is engaged in providing local content on a range of platforms in the United States. The Company operates through Broadcasting and Digital segments. It also provides digital marketing services and Internet-based human resource solutions. Its digital media products and services include search, social media and Website development, among others. The Company offers its services in a range of geographies, demographics and content areas. The Company provides consumers with the information and entertainment, and connects consumers to their communities through various platforms, such as television stations, desktop, smartphone and tablet products. Its Broadcasting segment includes an independent station group of network affiliates. The Companys Digital business segment includes Cars.com, CareerBuilder and Shoplocal.

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