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Los Angelas, CA -- (SBWIRE) -- 02/08/2013 -- EnteroMedics Inc (NASDAQ:ETRM) is the biggest loser and tumbled 55% to $1.27 after hitting a new 52-week low of $1.19. Investors are reacting after the news that the company clinical trial of its implanted device to treat obesity didn’t meet its primary goal, although the company will still move forward with applying for premarket approval in the U.S.
Will New Regulations Weigh over ETRM Revenue Stream? Find Out Here
Riverbed Technology Inc. (NASDAQ:RVBD)'s fourth-quarter profit fell 76% as acquisition-related costs masked the network-technology provider's stronger revenue. The company also issued a cautious projection of core earnings this quarter, when its recently closed acquisition of Opnet Technologies Inc. will begin contributing significantly to its top line. Shares were off 8.5% at $18.39 after hours
Is RVBD Showing Any Sign of Buy At The Current Market Price? Find Out Here
Nuance Communications Inc. (NASDAQ:NUAN) swung to a fiscal first-quarter loss as higher costs for acquisition-related expenses and other items masked revenue growth at the speech-software company. Shares fell 15% to $20.80 in after-hours trading as adjusted earnings and revenue missed expectations.
How Should Investors Trade NUAN After The Recent Volatile Moves? Find Out Here
Coinstar, Inc. (NASDAQ:CSTR) posted 27 percent decline in its fourth quarter profits. The DVD-rental market is maturing, and its new ventures performed poorly. The company issued disappointing forecasts for the first quarter. It expects 77 cents to 92 cents in earnings on revenues between $568 million and $593 million. Analysts were expecting $1.22 a share in earnings and $628.8 million in revenues. Shares dipped 8.64 percent to $47.60 in early trading.
What Are CSTR’s Charts Signaling For Traders? Find Out Here
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