McClatchy Company (MNI) shares closed at $16.37 Tuesday, up 64 cents from Monday's close. The above chart shows the drop in McClatchy shares over the past one year. Morningstar link here. McClatchy shareholders can't take too much comfort at the increase, because a group of rivals has banded together to challenge McClatchy's partnership with Yahoo.
Tuesday, November 6, 2007
McClatchy shares up slightly, but rivals organize to challenge McClatchy/Yahoo partnership
McClatchy Company (MNI) shares closed at $16.37 Tuesday, up 64 cents from Monday's close. The above chart shows the drop in McClatchy shares over the past one year. Morningstar link here. McClatchy shareholders can't take too much comfort at the increase, because a group of rivals has banded together to challenge McClatchy's partnership with Yahoo.
