theglobe.com Further Flattened
One-time high-flying IPO 
theglobe.com (TGLO Quote) was down 21.9% by late afternoon after warning that third-quarter losses would be higher and revenue would be lower than expected. The company also said it would restructure its ad sales department, but it plans no layoffs. The stock is down 88% this year.
theglobe.com (TGLO Quote) was down 21.9% by late afternoon after warning that third-quarter losses would be higher and revenue would be lower than expected. The company also said it would restructure its ad sales department, but it plans no layoffs. The stock is down 88% this year.
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