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.
Wednesday, April 1, 2009
McClatchy shares up 20% Wednesday
McClatchy (MNI) shares closed at 59 cents a share Wednesday, up 20.4 percent from Tuesday's close. For comparison, the Dow was up 2 percent Wednesday. But, today's MNI volume was just 310,000 shares, far less than the average volume of 538,000, so don't read too much into today's jump. . . .