Valassis Communications (VCI) NewsBite - Valassis Profit Drops Missing Estimates
Posted on July 31, 2008 at 10:17 AM EDT
Valassis Communications Inc. (VCI) opened at 10.31. So far today, the stock has hit a low of 7.35 and a high of 10.31. VCI is now trading at 9.21, down 1.92 (-18.62%). The stock hit its 52 week high of 16.80 in May and set its 52 week low of 7.35 today. VCI rose for most of the past year, but is showing signs of weakness recently. Valassis Communications reported today its second-quarter profit slipped 25% to $7.3 million on decline in newspaper advertising. The company posted earn...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)