(EMAILWIRE.COM, March 19, 2010 ) Dallas, Tx - Palm, Inc. (NASDAQ:PALM) made a new 52-week low of $4.36 in the morning session and now down over 22% to $4.40 after Palm warned that revenue for the current quarter would be far below Wall Street's expectations, after tepid demand for its smartphones left wireless carriers with piles of excess inventory. So far this year, the stock has fallen about 57%.
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Medivation, Inc. (NASDAQ:MDVN) made a new 52-week low of $11.55 and now up marginally to $11.88. So far this year, the stock has fallen about 69%.
A123 Systems, Inc. (NASDAQ:AONE) slid 4% to $14.17. Today, the stock made a new 52-week low of $14.04. So far this year, the stock has fallen about 38%.
Addus HomeCare Corporation (NASDAQ:ADUS) plummeted 24% to $6.76 after hitting a new 52-week low of $6.70. The provider of home nursing care posted a loss excluding some items of 17 cents a share in the fourth quarter. Analysts, on average, expected the company to earn 22 cents, according to a Bloomberg survey.
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