CLARCOR Falls Below 50-Day Moving Average On Disappointing Revenues
rttnews.com
19-Jun-2008
        

CLARCOR (CLC) dropped 12% on Wednesday after the company reported disappointing revenues in its second quarter and narrowed its fiscal 2008 earnings outlook. The stock gapped open sharply lower and then after paring some of its loss throughout the day, moved back to the downside in the final 90 minutes of the session. CLC closed down $5.25 to close at $38.48 on the heaviest volume of... [read full story]                    

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