The Knot (KNOT) NewsBite - The Knot Plunges on Negative Outlook
Posted on February 14, 2008 at 09:45 AM EST
The Knot Inc. (KNOT) opened at 11.93. So far today, the stock has hit a low of 11.57 and a high of 12.50. KNOT is now trading at 11.62, down 2.26 (-18.98%). The stock hit its 52 week high of 26.60 in February and set its 52 week low of 11.57 today. KNOT has been losing ground for the past year. The Knot reported yesterday evening its fourth-quarter profit plunged 82% $2.6 million as year-ago results were lifted by a tax benefit. The company posted earnings of 8 cents per share on revenue of $24.2 million, while analysts expected earnings of 7 cents per sha...(Please Click Article Link To View Entire Article)
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