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Dot Hill Systems Corp. (NASDAQ: HILL) shares dropped 14.09 percent to close at $5.12 a share Thursday. The stock traded between $4.51 and $5.50 on volume 5.71 million shares traded. The company announced that non-GAAP net revenue and fully diluted earnings per share for the first quarter of 2014 are expected to be in the range of $47 million to $50 million and $0.00 to $0.01, respectively. Shares of Dot Hill Systems are up approximately 50.0 percent year-to-date.
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Spark Networks Inc. (NYSEMKT: LOV) shares fell 18.96 percent to close at $4.66 a share Thursday. The stock traded between $4.30 and $4.85 on volume of 2.53 million shares traded. Canaccord Genuity analysts have recently downgraded the company’s rating to “hold” from “buy”. Shares of Spark Networks are down approximately 25.0 percent year-to-date.
Get more information on Spark Networks and free access to the in-depth equity report at: www.FiveStarEquities.com/LOV
Verso Paper Corp. (NYSE: VRS) shares tumbled 14.84 percent to close at $2.41 a share Thursday. The stock traded between $2.41 and $2.90 on volume of 801,013 shares traded. The company reported revenues were $350.4 million for the fourth quarter of 2013, a decrease of 2.9 percent when compared to a year ago. David Paterson, President and CEO, stated that due to market conditions results for the first quarter of 2014 could be “significantly below last year's first quarter.”
Get more information on Verso Paper and free access to the in-depth equity report at: www.FiveStarEquities.com/VRS
Zogenix, Inc. (NASDAQ: ZGNX) shares decreased 14.48 percent to close at $3.84 a share Thursday. The stock traded between $3.77 and $4.55 on volume 9.37 million shares traded. The company reported a net loss of $35.6 million, or $0.28 per share, for the fourth quarter of 2013, up from a net loss of $0.6 million, or $0.01 per share, a year ago. Shares of Zogenix are up approximately 12.0 percent year-to-date.
Get more information on Zogenix and free access to the in-depth equity report at: www.FiveStarEquities.com/ZGNX
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