RIM Stock Plummets 13% After Barely Missing Estimates
Posted by on June 26th, 2008 at 06:22pm
[Technorati] Tag results for finance wrote an interesting post today on
Here’s a quick excerpt
A day after releasing their Q1 results which had lower than expected earnings despite profits to the sum of $482.5-million, shares in Research In Motion plummeted over 13% on the Toronto Stock Exchange ($18.86 CDN) and NASDAQ Stock Market ($18.95 USD). As for the next quarter, the Waterloo-based company is predicting strong summer sales relating to the release of the […]
Read the rest of this great post here
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