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.
Monday, November 10, 2008
McClatchy shares fall to all-time low
McClatchy (MNI) shares fell 6 percent Monday, closing at $1.85 a share. A new all-time low was set just prior to close, when MNI dropped to $1.84 -- the lowest price for MNI since it debuted on the New York Stock Exchange in 1988.
The above chart shows the decline in McClatchy shares over the past one year.