Palm Inc. (PALM) reported a third quarter loss of $0.61 per share after the bell Thursday, compared to the loss of $0.86 per share last year. The consensus estimate was for a loss of $0.42. The stock is now down 0.28 on 3.3 million shares.
Palm Inc. posted modest gains in early trade Thursday, but settled into a range for the majority of the session. The stock finished up by 0.28 at $5.65. Palm closed at the upper end of a narrow, 2-week range.
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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.