Alert: Major Price Advance (11/19/24)-DallasNews Corporation (NASDAQ: DALN).

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DallasNews Corporation (NASDAQ: DALN) stock enjoyed a major increase of 21.2% on 11/19/24. The shares closed at $6.11. Moreover, this advance was accompanied by exceptionally high trading volume at 1112% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 15.1% during the last week.

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Current PriceTarget Research Rating

DallasNews has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. DallasNews has a very low Appreciation Score of 2 but a good Power Rating of 82, producing the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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