Market Currents
In a sign the Street is on edge over enterprise storage demand, Quantum (QTM -9%) and Fusion-io...
-
Friday, October 26, 2012, 4:42 PM ETIn a sign the Street is on edge over enterprise storage demand, Quantum (QTM -9%) and Fusion-io (FIO -4.5%) sold off again today following disappointing earnings reports (I, II). In Quantum's case, the company's decision to issue $60M in convertible notes (they sport a 4.5% yield and $1.65/share conversion price) also isn't going over well. Many peers posted modest declines, though depressed QLogic and Emulex bounced following their earnings reports. (EMC guidance)
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
