Thursday, July 31, 2008

McClatchy shares drop 32 percent in July

July was a horrible month for McClatchy - the company stock fell 32 percent.

How did fellow newspaper chains fare? McClatchy isn't the only newspaper stock stinking things up. Check this out:

Gannett Co., Inc. - down 13.05 percent
Lee Enterprises, Incorporated - down 13.96 percent
GateHouse Media, Inc. - down 73.86 percent
The New York Times Company - down 19.5 percent
Journal Register - down 90 percent
Sun Times Media - down 34.78 percent

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