You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Dan Dorfman, influential financial journalist

Mr. Dorfman’s comments on CNBC could lift or sink stocks.


Mr. Dorfman’s comments on CNBC could lift or sink stocks.

NEW YORK — Financial journalist Dan Dorfman, known for moving stock prices in the 1990s with his comments on CNBC, has died. He was 82.

According to the family, he died Saturday in New York of cardiogenic shock, a heart condition.

Continue reading below

Mr. Dorfman’s influential market comments on the cable financial news channel could propel and sink stocks. He worked there until 1996, when he suffered a stroke.

That same year, he was fired as a Money magazine columnist over an ethics controversy involving a stock promoter, but he was never charged by regulators.

The controversy stemmed from Mr. Dorfman’s refusal to tell his editor at the magazine who his confidential sources were amid reports that authorities were investigating his relationship with stock promoter Donald Kessler. Kessler later pleaded guilty to two counts of securities fraud and one count of tax evasion.

With a print and TV career that spanned decades, Mr. Dorfman also wrote the ‘‘Heard on the Street’’ column in The Wall Street Journal, reported for CNN, and wrote for USA Today, New York magazine, and Esquire.

Mr. Dorfman turned to the Internet late in his career, first with a stock research company,, in 1999.

The native New Yorker leaves his wife, Harriet.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of