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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