NYT is trading 1.6% up at $74.00 in pre-market trading after CEO Meredith Kopit Levien stated the law favors the publisher in its copyright lawsuit against OpenAI and Microsoft.
- Investors are reassessing media companies’ leverage in AI content deals amid renewed focus on the high-profile legal battle.
- The stock has been range-bound in the low-to-mid $70s over the past week.
- The upward move comes as U.S. index futures remain generally firm.