Bloomberg reports new pricing. Wow, 40 percent is a big deal. They must be starting a market share war.
"Everyone is convinced they are getting squeezed on margins on all sides, so lowering the price isn’t going to help,” said Todd Mitchell, an analyst at Brean Murray Carret & Co. in New York, who has a buy rating on the stock. “I think that’s why the stock dropped.”
"Everyone is convinced they are getting squeezed on margins on all sides, so lowering the price isn’t going to help,” said Todd Mitchell, an analyst at Brean Murray Carret & Co. in New York, who has a buy rating on the stock. “I think that’s why the stock dropped.”
