McClatchy shares still plunging... down 2 percent today... down 75 percent over the past year ***Updated 2:46 PM, scroll for update***

McClatchy (MNI) shares were down more than 2 percent in early afternoon trading Wednesday. Over the past year, McClatchy shares have dropped 75 percent. The above chart shows the decline in McClatchy shares over the past year.

UPDATE 2:46: McClatchy shares rallied in last hour of the day, closing at $9.30 per share, up 2 cents over yesterday's close.