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AAPL Stock: 440.19 ( -2.74 )

http://www.macnn.com/articles/00/05/24/ati.stock/

ATI stock plunges on earnings report

updated 05:22 pm EDT, Wed May 24, 2000

 
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Shares of ATI Technologies, the exclusive provider of graphics cards to Apple, plunged more than 40% today after the company announced that earnings and revenue would fall significantly short of analysts' estimates. ATI announced that it expects to post a loss of 7 cents per share this quarter; analysts were expecting a profit of 14 cents per share.


by MacNN Staff

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