$MEG is one of biggest losers #stocks today. read more:

Media General, Inc. Common Stoc (symbol: MEG) was one of the worst losers
of the trading day today (2015-09-08), losing -6.01%. The number of shares
that changed hands was 7,128,412, or about 8 times the average daily volume
in the stock.
The closing price was $10.48, amounting to a market cap of $1,340,000,000,
about -41.78% off the highest price in the last 12 months. The stock has
been trading at a range between $10.12 and $18.0.
MEG is in the Broadcasting industry, part of the Consumer Services sector.
Looking at its valuation, the stock is now trading at 33.16 times earnings.