Immersion Corp. (Nasdaq: IMMR) fell to a greater than expected loss for the fourth quarter of $1.32 per diluted share compared with earnings of 4 cents per diluted share last year as revenue plunged and the company forecast current quarter results well below estimates. The stock price plummeted $2.11 to close at $8.58.
Immersion falls to greater than expected loss
March 03, 2017 at 16:34 PM EST