Quiksilver Inc. (ZQK) reported a second quarter adjusted loss of $0.12 per share after the close Thursday, compared to the loss of $0.01 per share last year. The consensus estimate was for a profit of $0.04.
Quiksilver gapped open sharply lower Friday, but traded in a narrow range throughout the session. The stock closed down by 0.84 at $6.83 on the highest volume of the year. Quiksilver fell to a 1-month low and slipped beneath its 50-day moving average.
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