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Lee Enterprises listed on NASDAQ
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Lee Enterprises listed on NASDAQ

Lee Enterprises listed on NASDAQ

A statue outside The Times of Northwest Indiana's newsroom in Munster is shown.

Lee Enterprises, the parent company of The Times of Northwest Indiana, is now listed on the NASDAQ Global Select Market.

The stock of the Davenport, Iowa-based publisher of nearly 350 publications in 77 markets in 26 states is now being traded on NASDAQ under the symbol "LEE."

Steak 'n Shake, the iconic burger chain known for its steakburgers and hand-dipped milkshakes, reopened its restaurants in Portage and Michigan City. The vintage 1950s-esque diner/fast-food chain temporarily closed its locations at 5809 S. Franklin St. in Michigan City, at 6231 U.S. 6 in Portage and in Benton Harbor just north of the Michigan state line in Harbor Country in 2019 as it looked for franchisees to take them over.

“Today is an important milestone as we embark on the next chapter of Lee’s growth alongside some of the world’s most innovative and pioneering technology leaders,” said Lee President and CEO Kevin Mowbray. “As we accelerate our digital transformation, we believe this move enhances our visibility as a leading digital news and information provider, positioning Lee among a new audience of investors that recognize the significant long-term value potential of our increasingly digital-first content and advertising platforms.”

Mowbray and other Lee Enterprises representatives will ring the NASDAQ opening bell in a virtual bell-ringing at 8 a.m. Tuesday.

Coming Sunday, see a day in the life of Michigan City Police Officer Brian Wright.

"We’re thrilled to have NASDAQ as our new exchange partner. We look forward to leveraging their unique solutions to connect with the investor community as we execute our three-pillar strategy to drive annualized recurring revenue growth and value for readers, users, advertisers, and shareholders," Mowbray said.

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Business Reporter

Joseph S. Pete is a Lisagor Award-winning business reporter who covers steel, industry, unions, the ports, retail, banking and more. The Indiana University grad has been with The Times since 2013 and blogs about craft beer, culture and the military.

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Lee Enterprises, which owns The Times of Northwest Indiana and more than other daily newspapers across the country, rolled out Buy Local websites in all its markets nationwide earlier this year to help people support local businesses in their own communities. The platform showcases local shops and merchants that are selling gift cards that would make perfect gifts this holiday season.

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