Palm Inc. (PALM) reported a second quarter EPS loss of $0.37 after the bell Thursday, compared to the consensus estimate of a loss of $0.32. Palm Inc. gapped down sharply Friday, but traded in a range for the bulk of the session. Shares finished down by $1.55 at $10.17 on strong volume. The stock fell below a month and a half long range and set nearly a 7-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.