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Fusion-io (FIO) Continues Melting Lower, Now Down ~6%

February 21, 2012 12:33 PM EST
Fusion-io, Inc. (NYSE: FIO) is pulling-back Tuesday following a solid run last week. Shares are down over 6 percent in afternoon trading. The stock ended 18.2 percent better last Friday, from a close of $23.95 on February 10th.

Shares appear to be holding above the $26.50 level. Volume on the move isn't exceptional, with about 1.5 million shares trading so for.

Fusion-io IPO'd last September in the mid$17 range.


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