Fairfax share price down

Eight days ago, on the 18th of June, Fairfax released its "Fairfax of the future" plan stating large staff cuts, more asset sales, a change in the size of the newspaper and a more digital future. It received very mixed response.

Looking at the share price below it does not appear that the shareholders were particularly impressed. Here is a graph over this period comparing Fairfax to Seven West Media Ltd.

Fairfax share price since the release of its future plan