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Macromedia Falls Again After Being Hit With Another Downgrade


Web publisher



was down 15.4% in early afternoon trading following a downgrade to hold from buy at

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UBS Warburg


On Tuesday,

Salomon Smith Barney

downgraded the stock to outperform from buy, sending it down 12%. Macromedia is down about 38% from its recent peak of $83.75 on Dec. 11.