Stock Market Alert: FOXH Down on Q3, Q4 View

Posted on Friday 10 November 2006



Stock Market Alert: FOXH had a rough session on Thursday, trading down almost 20% to close the regular session at $28.90. Volume was extremely heavy, with over 5.7 million shares of the stock changing hands, compared to a normal daily average volume of 516k shares traded. The company gave Q4 guidance of a loss of between 5-9 cents per share on revenues of $55 million dollars. Analysts had been looking for a 26 cent profit on revenues of $64 million dollars.



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