TLB Falls On Lowering FQ3 Revenue Projections

Shares of Talbots Inc

dropped after the company lowered its FQ3 revenue guidance. TLB's shares lost 12.20% to $11.01 at 9:48 am. The company reduced its revenue projections to reflect the “inconsistent” customer traffic. Shares of Talbots moved up 10.48% over the past month and gained 40.74% so far this year. Read more