Major Shareholder Cashes Out Millions in DallasNews Stock!
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Significant shareholder Robert Decherd sold 668,770 shares of DallasNews stock for $11,034,705. Following its merger with Hearst, DallasNews ceased trading its Series A common stock on Nasdaq, with shareholders receiving $16.50 per share. Analysts rate DALN as Hold, citing financial challenges despite bullish technical indicators. Spark's AI Analyst rates DALN as Neutral, highlighting declining revenues and high leverage affecting its score. The stock has a YTD price performance of 133.19% and a market cap of $88.37M.
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