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On Thursday, TEGNA Inc (Symbol: TGNA) shares dropped to an oversold territory with a Relative Strength Index (RSI) reading of 29.8, signifying heavy selling pressure. The shares were traded as low as $15.175, while the S&P 500 ETF (SPY) currently has an RSI of 59.1.
TEGNA’s 52-week low is $13.37, with a high of $19.62, compared to the last trade price of $15.04.
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