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Jamba, Inc. (NASDAQ: JMBA) shares dropped 18.78 percent to close at $10.94 a share last Tuesday. The stock traded between $10.45 and $11.17 on volume of 2.77 million shares traded. James D. White, chairman, president and CEO stated that "consumer spending slowdown reduced third quarter comparable store sales comparisons for company stores by 3% to 4%." Shares of Jamba have fallen approximately 2.3 percent year-to-date.
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Restoration Hardware Holdings Inc. (NYSE: RH) shares fell 5.48 percent to close at $60.66 a share last Tuesday. The stock traded between $58.75 and $63.02 on volume of 3.36 million shares traded. Tower Three Partners LLC has agreed to sell its remaining stake (3.9 million shares) in the company. Shares of Restoration Hardware have gained approximately 80.0 percent year-to-date.
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Red Hat Inc. (NYSE: RHT) shares declined 4.73 percent to close at $43.30 a share last Tuesday. The stock traded between $43.05 and $45.13 on volume of 3.86 million shares traded. J.P. Morgan has recently lowered its price target on the stocks to $37.00 from $39.00. Shares of Red Hat have fallen approximately 18.0 percent year-to-date.
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SolarWinds Inc. (NYSE: SWI) shares decreased 1.80 percent to close at $20.80 a share last Tuesday. The stock traded between $32.67 and $34.17 on volume of 1.98 million shares traded. The company announced that it has acquired Confio Software for $103 million in cash. Shares of SolarWinds have fallen approximately 35.0 percent year-to-date.
Get more information on SolarWinds and free access to the in-depth equity report at:
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