Martha Stewart Living shares rise [marketwatch.com says 27%, but it's 33%]

[truthisfreedom]

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B3B6BE12E%2D00F8%2D4C78%2D875E%2DBE3D3F2DCAFB%7D

Martha Stewart Living shares rise

By Jennifer Waters, CBS.MarketWatch.com
Last Update: 12:14 PM ET July 16, 2004  


CHICAGO (CBS.MW) -- Martha Stewart Living Omnimedia shares were in rally mode Friday before and after the domestic doyenne was sentenced for lying about a stock sale.

At their peak, Martha Stewart Living (MSO: news, chart, profile) shares vaulted 40 percent to $12.12 as she spoke to supporters and reporters from the courthouse steps. In recent dealings, they had eased to $10.94, up $2.30, or nearly 27 percent.

<snip>

After her sentencing, Stewart vowed to appeal her conviction. In a strong and defiant statement, she thanked "everybody who stood by me, wished me well, waved to me from the street ..." and said she appreciated the 170,000 e-mails to her Web site Marthatalks.com. See full story.

She also said she would return and expressed sympathy for the 200 people who lost their jobs at Martha Stewart Living.

[NewYorkerfromMass]

1. Damn!

Missed that boat! And good for Martha for getting a light sentence.

[soupkitchen]

2. Do you think Marha "bought" on inside information?

[truthisfreedom]

3. well, at the very least she's got to be somewhat cheered up by the

increase in value to the stock she's still holding.