Mellanox (MLNX) Falls 18% Upon Trade Resumption
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Price: $124.89 --0%
Financial Fact:
Sales and marketing: 34.41M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Sales and marketing: 34.41M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Mellanox Technologies, Ltd. (NASDAQ: MLNX) resumed trading and is down 18 percent after a Q4 sales warning.
The company announced that its fourth quarter revenue is projected to be in the range of $119 million to $121 million, below the company's previous guidance of $145 million to $150 million, and the consensus of $148.26 million.
The company announced that its fourth quarter revenue is projected to be in the range of $119 million to $121 million, below the company's previous guidance of $145 million to $150 million, and the consensus of $148.26 million.
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