AsiaInfo-Linkage Inc. (Nasdaq: ASIA) reported higher second quarter earnings of 29 cents per share compared with 16 cents per share last year but investors were disappointed that the results failed to beat expectations. The stock price plunged $6.85 to close at $19.15.
Earnings Rise For AsiaInfo-Linkage But Stock Falls
July 29, 2010 at 17:25 PM EDT