Vonage Holdings Corp. under Pressure After its Quarter 3 Results – VG, FBP, RZ, PKD, CIM

Dear PSL members Vonage Holdings Corp. (NYSE:VG) stock moved under pressure after recent announcement of its 3rd Quarter Revenue fall 3.73% as compared to previous 3rd Quarter in 2009 while 5.14% in Q2 2010. The Stock plunged 6.45% with the closing price of $2.32 and traded with the quite high volume of 4.70 million shares. But Company announced to have a plan to restructure its debts policy to cope with the challenge of interest payment caused its financial statement to report loss. It's most recent quarter Current Ratio remained at 0.98 while Quick Ratio reached 0.92. First BanCorp. (NYSE:FBP) declined 6.57% with the closing price of $0.29. The overall volume in last trading session was 2.17 million shares as compared to its average volume of 3.20 million shares. The price range of stock in 52 weeks remained $0.26 – $3.84. Raser Technologies, Inc. (NYSE:RZ) dropped 6.71% with the closing price of $0.21. The overall volume in last trading session was 4.45 million shares as compared to its average volume of 2.34 million shares. The price range of stock in 52 weeks remained $0.12 – $1.46. Parker Drilling Company (NYSE:PKD) after Earning announcement reported a fall of 6.05% with the closing price of $4.19. The overall volume in last trading session was unusual 1.10 million shares as compared to its average volume of 508, 808 shares. The price range of stock in 52 weeks remained $3.43 – $5.85. Chimera Investment Corporation (NYSE:CIM) decreased 4.46% with the closing price of $3.86. The overall volume in last trading session was 6.47 million shares as compared to its average volume of 19.20 million shares. The price range of stock in 52 weeks remained 1.08 – 2.65.
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