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Thursday, July 14, 2016

$BRCD is one of biggest losers #stocks today. read more:

Brocade Communications Systems, (symbol: BRCD) was one of the worst losers
of the trading day today (2016-07-14), losing -7.15%. The number of shares
that changed hands was 20,493,522, or about 2 times the average daily
volume in the stock.
The closing price was $9.09, amounting to a market cap of $3,630,000,000,
about -19.41% off the highest price in the last 12 months. The stock has
been trading at a range between $7.4 and $11.28.
BRCD is in the Computer Communications Equipment industry, part of the
Technology sector. It first went public in 1999.
Looking at its valuation, the stock is now trading at 12.25 times earnings.

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