This blog is mainly about the spectacular train wreck at The Sacramento Bee and its parent company, the McClatchy Company. But I also post about current events, the Iraq and Afghanistan wars, politics, anything else that grabs my attention. Take a look around this blog, hope you enjoy it.
Thursday, November 6, 2008
Nosedive: McClatchy shares fall 16 percent Thursday
McClatchy (MNI) shares fell 16 percent in trading on Thursday, closing at $2.23. The Dow dropped 4.8 percent. The above chart shows the decline in McClatchy shares over the past one year.