AVG slumps following block trade

|About: AVG Technologies (AVG)|By:, SA News Editor

AVG (AVG -4.5%) is down to $21.56 after a 3.5M-share block trade was carried out this morning at $21.75, courtesy of Morgan Stanley.

Shares dove a week ago on account of the soft Q3 guidance provided with the company's Q2 results, but had largely recouped their losses going into today.