McClatchy Company (MNI) shares closed at $15.25 Monday. During mid-day trading shares hit a 52-week low. Morningstar link here. The above chart shows the drop in McClatchy shares over the past year.Two years ago McClatchy shares were over $60 a share. That's a drop of $45 per share in 2 years.
UPDATE 4:01: Sacramento Business Journal has more here.
