Other stocks active in late trades included Advanced Micro Devices (AMD), which was up incrementally on volume of more than 1.1 million after the ailing chip maker reported a deep third-quarter loss, said it plans to cut 15% of its workforce, and forecast a sequential decrease in revenue of 9% or so for the fourth quarter; Riverbed Technology (RVBD), whose stock jumped more than 10% to $22.89 on volume of more than 1.3 million after the company handily beat the average analyst view for its third-quarter results with earnings of 28 cents a share on revenue of $218.6 million; and Marvell Technology (MRVL), whose shares were off 11.1% to $7.85 on volume of 1.4 million after semiconductor company lowered its third-quarter outlook and said Clyde Hosein is resigning from the chief financial officer position.
>To contact the writer of this article, click here: Michael Baron.
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