Ralph
22.11.2000, 07:44
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Equally as mystifying, shares of Portal Software fell $4.25, or 22.8%, to $14.38 on Island, on the back of a stronger-than-expected earnings announcement. The software company's stock lost 3.25% during the day.
Earlier tonight, Portal listed a third-quarter profit of 4 cents per share, doubling the Street's prediction of a 2-cent result and improving upon the year-ago loss of 1 cent.
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Ralph
Equally as mystifying, shares of Portal Software fell $4.25, or 22.8%, to $14.38 on Island, on the back of a stronger-than-expected earnings announcement. The software company's stock lost 3.25% during the day.
Earlier tonight, Portal listed a third-quarter profit of 4 cents per share, doubling the Street's prediction of a 2-cent result and improving upon the year-ago loss of 1 cent.
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Ralph