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New York Times Shares Fall After Harvey Weinstein Threatens to Sue

Photographer: Andrew Harrer/Bloomberg

New York Times Co. shares fell the most in almost two months after a movie mogul threatened to sue the publisher over its article detailing allegations of sexual harassment.

Times shares dipped as much as 2.5 percent to $19.50 Friday, the biggest intraday decline in two months. Harvey Weinstein, famous for releasing Oscar winners such as “The English Patient” and “Shakespeare in Love,” took a leave of absence from his production company following the New York Times article on Thursday.