Tuesday, October 2, 2007

McClatchy shares tumbling

McClatchy Company (MNI) shares have had a bad year. McClatchy closed today at $20.11 a share, up slightly from the 52 week low ($19.50) established last week. This chart, showing the share price over the past year, demonstrates the amazing decline. A year ago, McClatchy shares were trading close to $45.00 a share. More info in the Morningstar report here.