Kadant Inc. (NYSE:KAI) target was lowered by Roth Capital after the company reported Q2 revenue which did not reach expectations. The firm keeps an Outperform rating on the stock due to valuation.
During trading today, the Technology sector (XLK) showed little change while the S&P 500 fell 0.7%. The ETF, as a proxy for the sector, tracked farther from the overall market today than over the past week.
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
Cirrus Logic Soars On Earnings (AVID, HTZ, BGC, CRUS, SCHN). Posted by Peter Smith on July 31, 2012. Cirrus Logic Soars On Earnings (AVID, HTZ, BGC, CRUS, SCHN).
Cafepress (NASDAQ: PRSS) 39.6% LOWER; reported Q2 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $47.1 million versus the consensus estimate of $48.97 million.
These are the stocks dropping the most in after-hours trading on, Monday, July 30, 2012. Be sure to check out our After Hours section of TheStockMarketWatch.
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