New Era of Networks Halved on Downgrade; Trading Halted

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Trading in business-software company

New Era of Networks

(NEON) - Get Report

was halted in late afternoon with the stock down 54.7%. Prior to the halt,

Wit SoundView

downgraded the company to hold from strong buy based on concerns about the quality of the company's license revenue in the wake of its Nov. 14 10-Q filing.