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Look Out Below!
By Mark Evans | July 14, 2008
The decline of Nortel shares continues to unfold as memories of the company’s annual investor day last month become a distant memory.
With the stock down another 14 cents today to $6.42 in extremely heavy trading, it has now dropped 36% in the past month. Then again, many of Nortel’s peers such as Alcatel, Cisco and Jupiter Networks have been weak performers over the same period.
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Topics: Stock |