Time Inc. (symbol: TIME) was one of the biggest winners of the trading day
today (2016-11-28), gaining 17.65%. The number of shares that changed hands
was 9,525,788, or about 11.2 times the average daily volume in the stock.
The closing price was $16.0, amounting to a market cap of $1,580,000,000,
about -9.4% off the highest price in the last 12 months. The stock has been
trading at a range between $12.23 and $17.66.
TIME is in the Newspapers/Magazines industry, part of the Consumer Services
sector. It first went public in 2014.
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