Jamdat Mobile shares plunge after earnings report

Jamdat Mobile, which reported its Q3 earnings yesterday, saw its stock plunge as much as 40 percent, after analysts felt it did not meet expectations…
The company had its IPO in September…”The stock had an amazing run since its IPO and clearly expectations were high for the company to deliver strong performance in the first few quarters,” said video game analyst Boris Markovich of brokerage TerraNova Institutional.

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