New York, NY -- (SBWIRE) -- 02/08/2013 -- Growing Stock Report adds Tessera Technologies Inc. (NASDAQ:TSRA) and Coinstar, Inc. (NASDAQ:CSTR) to their NASDAQ Decliners Watch List.
Tessera Technologies Inc. (NASDAQ:TSRA) through its subsidiaries, develops, licenses, and delivers miniaturization technologies and products for electronic devices worldwide closed down (-8.26%) on 727,854 shares traded after TSRA reported a fourth-quarter net loss of 25 cents and Tessera’s reported revenue of $53.2 million was down 26.8% sequentially and 6.2% year over year. With this percentage decrease in stock price Growing Stock Report adds Tessera Technologies Inc. (NASDAQ:TSRA) to their NASDAQ Decliners Watch List.
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Coinstar, Inc. (NASDAQ:CSTR) through its subsidiaries, provides automated retail solutions primarily in the United States, Canada, Puerto Rico, Ireland, and the United Kingdom closed down (-6.97%) on 4,365,844 shares traded which is 4 times higher that its average daily volume. Coinstar Inc. shares backtracked Friday amid concerns that its growth is slowing as its Redbox kiosks for renting DVDs reach a saturation point which has Growing Stock Report to add Coinstar, Inc. (NASDAQ:CSTR) to their NASDAQ Decliners Watch List.
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