Trinity Mirror shares today crashed 25% after the group said profits would be 10% lower than expected.
No surprises here. Its tough out there. We have heard tales of woe from right across the newspaper market. And it aint going to get any easier anytime soon is it.
Its crazy however that the 'City' react (or overreact) in the way they do. Current market conditions have been priced into share values for sometime now so further falls in share price based on more bad news are not welcome or necessary.
Talk about kicking a dog when its down