Although Martha Stewart Omnimedia (MSO) stock rose after the company said on Monday that Martha Stewart would rejoin the board, the rest of the week was rough for the company. The stock dropped 5.8% on the week after ending the day Friday down 6.9%. It trades at $3.12 per share.
Stewart agreed to stay off of any public boards following her conviction in 2004 on charges of making false statements to investigators. Martha Stewart Omnimedia hired investment bankers in May to consider offers and possible partnerships.
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