Scalper1 News
RetailMeNot (SALE) stock plunged Tuesday to an all-time low after the company’s Q2 sales missed forecasts and its outlook for the rest of 2014 disappointed analysts. The digital coupon provider reported earnings after the market close Monday. Revenue rose 37% to $59.5 million, below the consensus estimate of $60.4 million. It was the second quarter in a row of decelerating revenue growth. Earnings per share fell 20% to 8 cents. RetailMeNot stock Scalper1 News
Scalper1 News