McClatchy Company shares down 5% in mid-day trading, hit another 52-week low ***UPDATE - McClatchy closes at $10.56, down 43 cents per share (3.91%)

McClatchy Company (MNI) shares are way down in mid-day trading Tuesday, having fallen 5% by 11:30 AM Eastern time. Morningstar alert here.

UPDATE 1:57: McClatchy shares closed at $10.56, 43 cents lower than Monday's close. That is a 3.91 percent decline.