Ixia (XXIA) Falls with Q1 Outlook

Ixia XXIA shares plummeted 17.8% to $10.03. The company lowered its outlook for the first quarter. Management said it now expects revenue between $108 million and $111 million, down from its previous projection of $121 million to $126 million. Share volume was 1.9 million, towering over an all-day average of 362,000