PIKE, GTN, NLS were Top NYSE Percentage Stocks Losersas : by Penny Stock Pick Alert
Top NYSE Percentage Losers were Pike Electric Corporation, Gray Television and Nautilus as reported by Penny Stock Pick Alert.
(EMAILWIRE.COM, November 11, 2009 ) Dallas, TX- Pike Electric Corporation (NYSE:PIKE) decreased 19.17% to close at $9.99 after the company reported a loss in its first-quarter yesterday, as a weak economy pushed its customers to defer maintenance and good weather severely limited its storm-restoration work. For the three months ended Sept. 30, Pike reported a loss of $2.7 million on revenue of $127.2 million, compared with net income of $18.3 million on revenue of $185.5 million for the period in 2009. Storm-restoration revenue dropped from $77.7 million to $2.5 million.
Gray Television, Inc. (NYSE:GTN) plunged 11.73% to end the day at $1.43 on over 845K shares. The stock hit an intraday high and an intraday low of $1.62 and $1.40 respectively. In the last six months the stock went up over 74%. Gray Television, Inc. owns 36 television stations serving 30 television markets. The Company’s 17 stations are affiliated with CBS Inc., 10 are affiliated with the National Broadcasting Company, Inc., eight are affiliated with the American Broadcasting Company and one is affiliated with FOX Entertainment Group, Inc.
Nautilus, Inc. (NYSE:NLS) declined 9.81% to close at $1.93 as the company yesterday announced unaudited results for the third quarter ended September 30, 2009. For the quarter ended September 30, 2009 the Company reported net sales from continuing operations of $41.4 million, compared to net sales from continuing operations of $62.7 million for the third quarter 2008. Operating income for the retail business was $2.2 million for the third quarter 2009, compared to $4.4 million in the third quarter 2008. The direct business generated $1.7 million in operating income for the third quarter 2009, compared to an operating loss of $0.9 million in the third quarter 2008.
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Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
Gray Television, Inc. (NYSE:GTN) plunged 11.73% to end the day at $1.43 on over 845K shares. The stock hit an intraday high and an intraday low of $1.62 and $1.40 respectively. In the last six months the stock went up over 74%. Gray Television, Inc. owns 36 television stations serving 30 television markets. The Company’s 17 stations are affiliated with CBS Inc., 10 are affiliated with the National Broadcasting Company, Inc., eight are affiliated with the American Broadcasting Company and one is affiliated with FOX Entertainment Group, Inc.
Nautilus, Inc. (NYSE:NLS) declined 9.81% to close at $1.93 as the company yesterday announced unaudited results for the third quarter ended September 30, 2009. For the quarter ended September 30, 2009 the Company reported net sales from continuing operations of $41.4 million, compared to net sales from continuing operations of $62.7 million for the third quarter 2008. Operating income for the retail business was $2.2 million for the third quarter 2009, compared to $4.4 million in the third quarter 2008. The direct business generated $1.7 million in operating income for the third quarter 2009, compared to an operating loss of $0.9 million in the third quarter 2008.
ABOUT http://www.PennyStockPickalert.com
Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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