AOL had a record decline in New York trading after reducing its annual earnings forecast, raising concerns that the company may not be able to turn itself around following the 2009 spinoff from Time Warner. AOL fell $3.88, or 26 percent, to close at $11.19 in New York Stock Exchange trading, the biggest drop and the lowest level since the spinoff.
Aol Slumps To Record Low After Reducing Earnings Forecast
Brian Womack, Washington Post
Tue, 08/09/2011 - 2:58pm
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