Stock Market Alert - FLOW Has a Solid Day

Posted on Friday 19 January 2007



Stock Market Alert - FLOW had a strong day on Thursday, with their stock trading up over 7% to close the regular session at $11.95. Volume was slightly heavier than normal, with over 625k shares of the stock changing hands, compared to a normal daily average volume of 474k shares traded. The company had announced earilier in the week that it had completed an internal investigation regarding the timing of revenue recognition at its Asia division, and that it expects to have to restate earnings. The stock has a 52 week high of $16.74.



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