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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