st joe company

St. Joe's Down 4%, Doubters, Short Sellers Reportedly Abound, Barron's Says

Ceding control of the company last week to investor Bruce Berkowitz of Fairholme Funds does nothing to solve the company's basic problems: a weak real-estate market in the Florida Panhandle best known to boosters as the Emerald Co

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The St. Joe Company (JOE) is down 3.87% to $26.36 after Barron's reported that the landholder and developer, which owns vast tracts in the depressed Florida Panhandle, faces doubters and short sellers.

By Stephanie Shyu
sshyu@fnno.com

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