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Publishing Shares Surge on Friday with Scholastic Up 11.2%

Publishing and advertising stocks showed strength in trading on Friday. Scholastic led the publishing sector soaring by 11.2%, while Lee Enterprises also gained 8.7%. Advertising shares followed with a modest increase.

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AI Rating:   7

The report highlights a positive trend in the publishing and advertising sectors during Friday's trading session. Notably, publishing shares were leaders, with prices rising around 0.6%. A strong performance was led by Scholastic, which saw a remarkable rise of 11.2%. In addition, Lee Enterprises enjoyed an increase of 8.7%, contributing to overall momentum in the publishing sector.

Meanwhile, the advertising group also demonstrated relative strength, climbing approximately 0.3% as a whole. Within this category, stocks like Groupon and Advantage Solutions gained 2.3% and 2.1%, respectively. These movements indicate positive investor sentiment and possibly improved market conditions for these companies.