Critical Path Plunges as It Reopens

 

Critical Path (CPTH Quote) plunged 69.7% in late afternoon as it traded for the first time in almost two weeks.

The stock was halted after the email software company said it was investigating its revenue-recognition practices and putting its president and another executive on leave. Today, Critical Path said it would revise its fourth-quarter loss to show almost twice as big a loss as previously announced.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.55
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services