Geopolitics Alpha

New York Times Company in Advanced Talks to Acquire Letterboxd

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHANew York Times Company in AdvancedTalks to Acquire LetterboxdNYTGEOPOLITICS ALPHA

The roughly $330 million deal for the cinephile community site would be part of an effort to add new products and services to the company’s portfolio.

Directly affected

  • NYT New York Times+5.4% 30d

    Named in this report.

Indirectly affected

  • XLC Communication Services Select Sector SPDR+0.7% 12d

    Communication Services Select Sector SPDR holds the communications sector that The New York Times belongs to, so it often moves with news about it.

  • NFLX Netflix-7.4% 30d

    Netflix is a large communications company like The New York Times; big names in a sector often move together.

  • VZ Verizon Communications-4.0% 30d

    Verizon Communications is a large communications company like The New York Times; big names in a sector often move together.

  • TMUS T-Mobile US-6.8% 30d

    T-Mobile US is a large communications company like The New York Times; big names in a sector often move together.

  • T At&T-15.5% 30d

    At&T is a large communications company like The New York Times; big names in a sector often move together.

  • SPOT Spotify Technology S.A+17.8% 30d

    Spotify Technology S.A is a large communications company like The New York Times; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
NYT+7.00%+2.59%baseafter closeafter closeafter closeafter close
XLC-4.31%-2.83%baseafter closeafter closeafter closeafter close
NFLX-5.25%-3.28%baseafter closeafter closeafter closeafter close
VZ-3.05%-1.98%baseafter closeafter closeafter closeafter close
TMUS-2.66%-4.00%baseafter closeafter closeafter closeafter close
T-1.79%-1.95%baseafter closeafter closeafter closeafter close
SPOT-3.32%-2.32%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

The roughly $330 million deal for the cinephile community site would be part of an effort to add new products and services to the company’s portfolio.

Source: The New York Times

This story

CompanyWhenMoveStatus
NFLXthree days earlier-3.28%final price
NFLXfive days earlier-5.25%final price
NYTthree days earlier+2.59%final price
NYTfive days earlier+7.00%final price
SPOTthree days earlier-2.32%final price
SPOTfive days earlier-3.32%final price
Tthree days earlier-1.95%final price
Tfive days earlier-1.79%final price
TMUSthree days earlier-4.00%final price
TMUSfive days earlier-2.66%final price
VZthree days earlier-1.98%final price
VZfive days earlier-3.05%final price
XLCthree days earlier-2.83%final price
XLCfive days earlier-4.31%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100

“New York Times Company in Advanced Talks to Acquire Letterboxd” scores 25 out of 100. The score uses 2 sources.