Financial Maneuvers Bring McClatchy Share Price Back Up

Typically, having a stock trading at $1.26 a share is not cause for celebration. But when McClatchy stock closed at that level today, it represented a gain of 23.5 percent in the last three trading days.

 

 

McClatchy was threatened two weeks ago with delisting on the New York Stock Exchange.  The company responded with two moves that appear to have boosted investor confidence.

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