Active Network (ACTV) drops on Q3 losses
Posted on November 02, 2012 at 11:55 AM EDT
Normal 0 false false false MicrosoftInternetExplorer4 Active Network Inc. (NYSE: ACTV) slumped 44.9% to $5.12. Active’s third-quarter loss widened as the technology and media company incurred growing expenses. Management also said it expects to incur net losses in the current quarter, in the full year, and in 2013. Share volume was 1.5 million, already beating its all-day average of 939,000. /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}