World Access Down 4.2% on Warning
World Access (WAXS) was down 4.2% in midafternoon after bouncing off a 52-week low of $1.63. The telecommunications company warned that fourth-quarter revenue would be 15% below forecasts and said that earnings would also miss estimates.
The company said the shortfall could hurt its pending takeover of Germany's
TelDaFax
.
Scroll to Continue
