Why Is Saga Stock At An All-Time Low?


NEW ORLEANS — If one were to look at a 1-year graph of Saga Communications‘ stock price performance, they’d likely not be pleased with the long-term trajectory of a stock many until now viewed as one of the strongest of the Radio sector.

One year ago, Saga was regularly flirting with $39 closes on Wall Street. Today, SGA finished Tuesday’s trading sessions on Nasdaq at just above $28.65 a share.

What ails Saga?

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