Excite@Home Continues Slide
Excite@Home (ATHM) - Get Report continued to slide in preopen Island trading, falling 7%, after a drop of 30 cents to $2 Friday.
The Internet services provider has suffered from following a
financing agreement with
Promethean Capital Group
which investors fear could spark a downward spiral in the stock price.
The company has defended the financing agreement, citing fail-safes in place to prevent such an outcome.
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