New York Times Suffers Worst Stock Rout Since 2012 in Rough Week

  • Advertising decline overshadows strong subscriber growth
  • Newspaper drew flak earlier this week over ‘bad headline’

The New York Times headquarters.

Photographer: Tiffany Hagler-Geard/Bloomberg
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The New York Times is having a week from hell, and it’s only Wednesday.

After the publisher drew flak for a poorly worded headline earlier this week and suffered a legal setback against Sarah Palin on Tuesday, it warned that advertising revenue would decline sharply this quarter.