The New York Times Company tanks 20% after saying ad revenue will decline next quarter

"The New York Time Company saw its stock tumble as much as 20% on Wednesday after the newspaper publisher said it expects advertising revenue to shrink by high-single digits in the third quarter..."

https://www.businessinsider.com/new-york-times-stock-price-q2-earnings-revenue-outlook-drops-2019-8?utm_content=bufferfd791&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-bi