Monday, April 21, 2008

Talk about grading on the curve: McClatchy lost $2.74 billion in '07 but jumps up to #813 on the list of Fortune 1000 companies

McClatchy lost $2.74 billion last year, and the company share price is down 71 percent over the past year. But according to this report, McClatchy has jumped up to #813 on the list of Fortune 1000 companies.

Huh?

The above chart shows the drop in McClatchy's share price over the past year.