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Coinstar Shares Tumble on Lowered Guidance
Coinstar Shares Tumble on Lowered Guidance
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Coinstar Shares Tumble on Lowered Guidance
Coinstar (CSTR) shares are plunging today after the coin counting and DVD rental kiosk company posted disappointing preliminary revenue below its prior forecast.  Coinstar said revenue in the fourth quarter will rise 31%, to $391 million, below its prior guidance of $415 million to $440 million.
Category: Business
Video Length: 0
Date Found: January 15, 2011
Date Produced: January 14, 2011
View Count: 0
 
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