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The Chefs Warehouse, Inc. (NASDAQ: CHEF) shares fell 13.95 percent to close at $23.50 a share Tuesday. The stock traded between $21.26 and $25.94 on volume 2.23 million shares traded. The company now expects revenues for the fiscal year 2013 to be in the range of $670.0 million and $673.0 million. Shares of The Chefs Warehouse have gained approximately 50.0 percent in the past year.
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Magnachip Semiconductor Corp. (NYSE: MX) shares declined 8.03 percent to close at $16.16 a share Tuesday. The stock traded between $15.27 and $17.28 on volume 1.56 million shares traded. The company announced that it will postpone its fourth quarter 2013 earnings release and investor conference call, which was originally scheduled for Tuesday, January 28th. Shares of Magnachip Semiconductor have fallen approximately 17.0 percent year-to-date.
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www.FiveStarEquities.com/MX
Rent-A-Center Inc. (NASDAQ: RCII) shares dropped 22.17 percent to close at $24.30 a share Tuesday. The stock traded between $24.02 and $25.90 on volume of 7.70 million shares traded. The company reported net earnings were $13.1 million for the fourth quarter of 2013, a decrease of 72.0 percent when compared to a year ago. Shares of Rent-A-Center have fallen approximately 30.0 percent in the past year.
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Zhone Technologies Inc. (NASDAQ: ZHNE) shares declined 9.63 percent to close at $4.13 a share Tuesday. The stock traded between $4.04 and $4.62 on volume 1.65 million shares traded. The company recently reported GAAP net income was $1.4 million for the fourth quarter of 2013, down from $1.6 million a year ago. Shares of Zhone Technologies have fallen approximately 22.0 percent year-to-date.
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www.FiveStarEquities.com/ZHNE
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