The 52 Week Low Club
Micron Technology (MU) Mega-semi company falls as Goldman downgrades stock after poor financial showing. DRAM inventories still hurting prices. Drops to $11.13. Down from 52-week high of $18.65. McClatchy (MNI) Shares of big newspaper chain keep falling as outlook for…
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Micron Technology (MU) Mega-semi company falls as Goldman downgrades stock after poor financial showing. DRAM inventories still hurting prices. Drops to $11.13. Down from 52-week high of $18.65.
McClatchy (MNI) Shares of big newspaper chain keep falling as outlook for industry worses. Down to $30.86 from $50.64.
Sourcefire (FIRE) Network security software company says customer revenue is coming in more slowly than expected. IPO from March drops to $11.87. Down from $18.83 in such a short time. Shocking.
Conexant (CNXT) Communications chip maker says lack of demand will cause shortfall in most recent quarter. Stock falls to $1.50. The 52-week high was $3.90.
Rackable Systems (RACK) Competition in core server market will cause loss in most recent quarter. Stock down to $13.28. Drop from 52-week high of $55.25.
Vonage (VG) Bad luck for VoIP company with courts. Concern that service may be shut down. Drops to $2.88 from 52-week high of $17.25.
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
