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NTRI, PLX, MDAS - Friday’s Big Losers
NTRI,  PLX, MDAS - Friday’s Big Losers
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NTRI, PLX, MDAS - Friday’s Big Losers
Nutrisystem (NTRI) posted a quarterly profit of 25 cents per share, in line with analyst estimates, but gave a disappointing forecast for 2011 that was below expectations, and led investors to the exits, sending shares plummeting 30% to a new 52 week low.  The company said customer demand softened in the second half of 2010, and reported that trend continued into January, with significant year-over-year declines in customer starts.
Category: Business
Video Length: 0
Date Found: February 28, 2011
Date Produced: February 25, 2011
View Count: 1
 
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