The Boston Globe

Business

Gannett stock rises as demand for advertising grows

The owner of TV stations and 82 daily newspapers, including USA Today, jumped the most in more than two months as the presidential campaign helps spur demand for advertising. The stock is undervalued, partly because investors overstate Gannett’s dependence on the declining print industry, said James Goss, of Barrington Research Associates. The shares are up 27 percent this year.