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.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|