After The Bell Monday: Win Or Lose Big On Bouyant Dow

Fitz: Turns out not even a nearly 1,000-point leap in the Dow can lift all newspaper stocks. The 936-point surge did generate some big jumps in the sector. Journal Communications (NYSE: JRN), for instance, shot up 21.8% to $3.04, a 54-cent gain. And The Washington Post Co. (NYSE: WPO), which ended last week at an 11-year low, gained some of that loss back with a 9.71% increase, rising $39 to $439.

But the huge spike in The New York Times Co. (NYSE: NYT) shares early in the session dissipated by the 4 p.m. close. NYT ended trading at $12.63, up 46 cents for a modest 3.27% gain.

A.H. Belo (NYSE: AHC) dipped to an all-time low in intra-day trading, and ended the day at $3.98, down 48 cents or 10.7%. AHC has traded in a range of $3.72 to $16.35 since splitting off from Belo Corp. as a newspaper pure-play.

The biggest percentage winner on the Big Board was Tribune Co.'s Saturns debt (NYSE: HJS), which nearly doubled to $4.00 a share, a gain of $1.99, or 99%, from its opening. Optimism about unfreezing credit seems responsible for that jump, though HJS is still trading on the low end of its $1.01 to $17.94 52-week trading range.