New York Times Shares Rise as Publisher Moves Past ‘Trump Bump’

CEO says company no longer relies on president for subscribers
Shares reach highest in 15 years on digital-subscriber growth

Pedestrians pass in front of the New York Times building in New York. — Pedestrians pass in front of the New York Times building in New York.
Photographer: Michael Nagle/Bloomberg

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By Gerry Smith

February 6, 2020 at 12:57 PM UTC

Updated on

February 6, 2020 at 3:02 PM UTC

This article is for subscribers only.

The New York Times doesn’t want to hear about the “Trump bump” anymore.

The publisher said a broad array of news coverage helped to power a continued rise in digital subscriptions last quarter, with earnings and revenue beating analysts’ expectations. The results caused Times shares to jump as much as 12% and reach their highest point in 15 years.