VistaPrint Down for the Count (VPRT)

Shares of VistaPrint NV (NASDAQ: VPRT) are lower on the session by 38.34%, currently trading at $30.99. The stock cratered this morning on news that its Q4 profit dropped 21% as changes in currency values pushed revenues far below expectations. The company’s outlook was also grossly lacking as compared to analysts expectations.

A slew of houses has come out and downgraded the name today as well.

Shares remain lower on the session even as the S&P 500 (NYSE: SPY) rallies back to even after being as low as 1,092.

Vistaprint N.V. is an online provider of coordinated portfolios of marketing products and services to small businesses globally. The company offers a range of products and services ranging from printed business cards, brochures and post cards to apparel, invitations and announcements, holiday cards, calendars, creative design services, copywriting services, direct mail services, promotional gifts, signage, Website design and hosting services, and e-mail marketing services.