GCI Stock Recent News

It may only be 2023, but coverage of next year's presidential election is already overtaking newswires. Former President Donald Trump's legal troubles are piling up but so far, the next race to the White House could still be between him and President Joe Biden.

Gannett has undergone a four-year transformation into a digitally focused media and marketing solutions company. The company has exceeded its own estimates and raised guidance for the full year in the first and second quarters, with a return to overall revenue growth expected in 2024. Gannett's Digital Marketing Solutions (DMS) business is a key driver of growth, with potential value estimated at $800 million to $1 billion.

Newspaper chain Gannett has paused the use of an artificial intelligence tool to write high school sports dispatches after the technology made several major flubs in articles in at least one of its papers.

Gannett, the largest US newspaper publisher, is facing a lawsuit claiming its efforts to diversify newsrooms led to discrimination against white workers.

Shares of USA Today parent Gannett Co. Inc. GCI, -2.14% gained 1.1% in premarket trading Thursday, after the media company reported reported second-quarter losses that narrowed from a year ago and boosted its full-year bottom-line outlook. Net losses narrowed to $12.7 million, or 9 cents a share, from $53.7 million, or 39 cents a share, in the year-ago period.

While macro headwinds continue to affect the performance of penny stocks in general, it's been largely a different story with the top penny stocks. Among the thousands of stocks trading for $5 per share or less, a select number of them have performed very well in recent months.

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its second quarter 2023 financial results on Thursday, August 3, 2023, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, August 3, 2023 at 8:30 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participa.

Gannett (NYSE:GCI) Co, the publisher of USA Today and city newspapers around the country, is suing Google over allegedly anticompetitive practives in the advertising technology market.  The publisher filed a complaint with the Southern District of New York on Tuesday, adding to a litany of lawsuits Google and its parent Alphabet are facing.

Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers and advertisers use to buy and sell online ad space.

USA Today parent Gannett sued Google, alleging the tech giant has used anticompetitive business practices to gain an illegal monopoly over the digital advertising market.