Demandware (DWRE -8.7%) slumps to new post-IPO lows after disclosing German online retailer...

|By:, SA News Editor

Demandware (DWRE -8.7%) slumps to new post-IPO lows after disclosing German online retailer Neckermann.de, which accounted for 12% of the company's Q1 sales, has filed for bankruptcy. Demandware's heavy exposure to Europe has already been a concern for investors.