Seeking Alpha

DragonWave (DRWI -17.3%) is crashing for the second day in a row after announcing a big FQ4...

DragonWave (DRWI -17.3%) is crashing for the second day in a row after announcing a big FQ4 warning. Shares are now down 40% from Friday's close, and the company sports a market cap of just $55M. With huge losses forecast even prior to the warning, the Street appears to be questioning the company's ability to survive. DragonWave had $36.4M in cash/equivalents as of Nov. 30, and $15M in debt.

Check out Seeking Alpha’s new Earnings Center »

From other sites
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