Accustomed to being assessed by the standings, the Braves now have another daily gauge: the stock price. And by either measure, they are faring poorly.
As the Braves have settled into last place in the National League East, the team’s stock has fallen more than 50 percent from the level at which some of it opened trading on the Nasdaq exchange two weeks ago.
“This has been off-the-charts crazy,” Robert Routh, an analyst who follows Braves owner Liberty Media for New York-based FBN Securities, said of the team’s stock performance. “I never thought this would get as low as it has.