Why Shares of Quotient Technology Are Flying Today
Shares of the digital coupon company Quotient Technology (NYSE:QUOT) were flying this morning after the company reported its fourth-quarter earnings results. At one point Thursday morning, shares of Quotient were more than 30% higher from yesterday's close.
Quotient's earnings results missed analysts' expectations. The company reported a fourth-quarter loss of $0.28 per share, much worse than the analyst prediction that it would only lose $0.06 per share.
Source Fool.com