ION Geophysical Corp. (NYSE: IO) fell to a loss for the third quarter of $1.29 per diluted share compared with earnings of 9 cents per diluted share last year due to a drop in revenue and a significant restructuring charge. The stock price plunged 99 cents to close at $3.58.
ION Falls To Loss
November 07, 2013 at 10:49 AM EST