Bazaarvoice (BV -10.5%) continues to bleed in response to news of a DOJ antitrust suit that...

|About: Bazaarvoice (BV)|By:, SA News Editor

Bazaarvoice (BV -10.5%) continues to bleed in response to news of a DOJ antitrust suit that effectively seeks to undo the PowerReviews acquisition - shares are now down 25% from Wednesday's close. Bazaarvoice has responded by accusing the DOJ of relying on "dated documents;" by arguing its product ratings/review solutions still face competition from social media, community forums, and other tools; and by promising it will be vindicated in court. BMO has downgraded Bazaarvoice to Market Perform.