Rocket Fuel (NASDAQ:FUEL) has been one of many "new tech" companies that promptly became a momentum stock, and has since fallen out of favor. After rallying past $60 when it IPO'd last fall, shares had dropped to $28 Thursday. On Thursday night, Rocket Fuel had a chance to regain some momentum when it reported quarterly earnings. Instead, the company offered deeply disappointing guidance, sending shares down 25% to $20 after-hours. With shares down 70% from their highs, is there some value in FUEL or should you still be a seller of shares? To find the answer, let's explore the quarterly figures.
Rocket Fuel is essentially an online ad platform company. Its software helps to better target advertising to...
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