Friday, October 29, 2010

Needs More Power (NASDAQ: PWER)

Power-One, Inc. (NASDAQ:PWER) announced recently that the company had earned $0.40 per share while analysts were expected $0.23. The share price fluctuated greatly throughout the trading day on Friday, reaching a high of $12.93 and a low of $10.20. The stock closed down 6% to finish at $10.42 on higher than usual volume.

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