Monday, September 29, 2008

RIM stock plummeting in after hours trading

RIM stock plummeting in after hours trading
Looks like the market didn’t take too kindly to their “Q3 and Q4 will be huge” spin on their Q2 financial numbers. RIM posted a net-income of $495.5 million, or $0.86 per share diluted, RIM missed earnings per share estimates by $0.01 and gross earnings by $20 million. In after-hours trading, RIM’s stock has slid from [...]

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