APKT Sinks 14%: Wells Cuts to Hold, Mizuho Sees Long-Term Decline
Posted on July 06, 2012 at 12:55 PM EDT
Shares of networking equipment maker Acme Packet (APKT) are down $2.59, or over 14%, at $15.81 after the company this morning warned it will miss Q2 expectations, citing slowing service provider spending on equipment. Shares of fellow networkers F5 Networks (FFIV) and Riverbed Technology (RVBD) are also taking a hit today, with F5 down $7.54, over 7%, at $93.90, and [...]
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