Air Methods Corp. (AIRM) announced after the close Thursday that it now expects to report a first quarter net loss of approximately $0.14 to $0.16 per share, compared to the profit of $0.32 per share last year.
Air Methods gapped open sharply lower Friday and is now down 6.28 at $39.62 on above average volume. The stock has dropped to over a 3-month low and has fallen below its 200-day moving average.
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