Quick Mention: Novell Sinks 10% in One Day's Trading

Dr. Roy Schestowitz

2008-03-05 02:08:21 UTC
Modified: 2008-03-05 02:09:03 UTC

Sell Novell

The news appears in several publications, TheStreet included.

The stock was recently down 71 cents, or 10%, to $6.41 -- 27 times forward-12 months earnings of 24 cents a share. Novell had gained 14% on Friday, the day after the company raised full-year revenue guidance.

To be fair, it comes after a rise in the stock's value. ⬆

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Quick Mention: Novell Sinks 10% in One Day's Trading

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