Nautilus Inc. comes out of right field
Ted Gottsegen (May 13th, 2008) Writes:
Yesterday shares of Nautilus, Inc. (NYSE:NLS) jumped 31% to $6.77 on volume of 1 million shares shares, more than 3 times their daily average over the past 30 days. This all happens a week later after the earnings call on May 5th? What, what, what!??
Nautilus had reported after the May 5 close a wider-than-expected fiscal first-quarter loss but revenue that topped expectations, launched a $10 million stock buyback program and said it would pay $8 million to a supplier to settle claims of a termination agreement.
But the stock didn't move, not until a week later?
Nautilus Inc....
Tags for this Post:
1 Million, Current Market News, earnings, Nautilus, Nls, nyse, Shares, Stocks to Watch
1 Million, Current Market News, earnings, Nautilus, Nls, nyse, Shares, Stocks to Watch


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