Lexmark International (LXK) stumbles on layoff notices

Lexmark International Inc. LXK shares stumbled 22.3% to $36.76. The company said Tuesday that it will cut 500 jobs as the printer maker swung to a loss. Share volume was 637,000, compared to an all-day average of 148,000
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!