Rimage Corporation (Nasdaq:RIMG) has been downgraded by TheStreet Ratings from from a hold to sell.
Shares of Rimage Corporation (Nasdaq:RIMG) were gapping down Monday morning with an open price 14.6% lower than Friday's closing price. The stock closed at $13.18 yesterday and opened today's trading at $11.25.
Small-cap peripherals companies, while boasting faster growth rates, can't compare with larger rivals such as Oracle and Cisco.
Shares plummet 8.7% after announcing a big second-quarter loss.
Rimage slides on lowered forward guidance.
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