Acme Packet Inc. (APKT) reported fourth quarter adjusted EPS of $0.26 after the close Thursday, which fell short of the consensus estimate of $0.28. The stock is now down 4.23 on 717K shares.
Acme Packet climbed during the first hour of trade Thursday and rose further around the middle of the afternoon. Shares finished up by 1.77 at $30.89. The stock closed challenging the upper end of a 2-week range.
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