Stock Market Alert - COOL had a rough day on Tuesday, trading down over 16% to close out the regular session at $1.72 after the company reported their earnings after the bell on Monday. The company reported a loss of 7 cents per share in the quarter, which was a little worse than the downside expected of 6 cents per share. Sales trounced estimates, and full year losses came in slightly better than expected. It kind of makes you wonder why COOL was beaten up so badly on Tuesday. As of the close of trading on Tuesday, COOL had a market cap of just over $40 million dollars.
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