LEE Enterprises (LEE) Sees Stock Surge by 6.90%

Company Overview - LEE Enterprises Inc. is a U.S.-based news publishing company focusing on digital-first subscriptions, providing local news, information, advertising, and marketing services tailored to local markets [4] - The company's product portfolio includes digital subscription platforms, daily, weekly, monthly reports, and niche products, delivering original local and global news in both digital and print formats [4] Financial Performance - LEE Enterprises reported a revenue of $151 million, with a net loss of $4.27 million and an earnings per share (EPS) of -$0.73 [2] - The gross profit for the company is $80.35 million, and it has a price-to-earnings (P/E) ratio of -2.97 [2] - The stock price surged by 6.90%, currently priced at $9.30 per share, with a trading volume of 18,464 shares and a turnover rate of 0.30% [1] Industry Context - The publishing industry, where LEE Enterprises operates, has experienced a general decline of 0.57% [3] - Significant gainers in the sector alongside LEE Enterprises include John Wiley & Sons Inc. - A and DallasNews Corporation - Series A [3] - Other active stocks in the sector include Scholastic Corporation and Gannett Co., with turnover rates of 0.27% and 0.26% respectively [3] - Stocks with high volatility in this sector include Educational Development Corporation and Scholastic Corporation, with volatility rates of 4.50% and 4.41% respectively [3]