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.
Look Out Below!
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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