McClatchy Stock Plunges 30 Percent For All-Time Low

The McClatchy (NYSE: MNI) Company’s stock ended down again on Thursday, finishing at $1.05. That’s a 30 percent decline and a new low for the newspaper publisher’s share price, coming just days after Monday’s announcement that November total revenues fell 19.4 percent — with ad revenues plummeting 22.4 percent. Except for online ad dollars’ 10.6 percent rise, last month was even more dismal than usual. For example, McClatchy