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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