Stocks Rally; Dow Reclaims 13,000
One of the biggest losers in the broad market was KIT Digital (KITD), whose shares plunged more than 60% as investors reacted to Wednesday's announcement that the company has to restate results going back to 2009 because of accounting errors and irregularities related to its revenue recognition policies.
Written by Michael Baron in New York.
>To contact the writer of this article, click here: Michael Baron.
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