Shares of Volcano (VOLC -14.6%) slip after revising guidance lower late yesterday, saying...


Shares of Volcano (VOLC -14.6%) slip after revising guidance lower late yesterday, saying revenue for 2013 will come in between $406M to $412M, on an EPS of $0.08 to $0.11 per share. Goldman cut the stock to Neutral from Conviction Buy on the news, saying the lower outlook points to continued pressure on its base business, slowing new growth drivers, and lower EBIT leverage. William Blair also reduces it to Market Perform, while First Analyis downgrades it to Equal Weight.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs