View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 3, 1997updated 05 Sep 2016 12:31pm

COMPUSA SHARES TAKE A PLUNGE

By CBR Staff Writer

At least it was ahead, but a 1.5% increase in sales for the fourth quarter from shares open a year ago at CompUSA Inc was by no means enough to satisfy Wall Street and the shares plunged about 25%. The market had been expecting a figure closer 3% and the disappointing numbers forced analysts to cut their fourth quarter estimates; the shares were down $4.87 at $15.87.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU