Hutchinson Technology shares slump 8%
SAN FRANCISCO (MarketWatch) — Hutchinson Technology Inc. shares fell as much as 8% Tuesday after the maker of hard-disk drive suspension assemblies reported weaker-than-expected fourth-quarter results and gave a weak forecast for its fiscal first quarter. Analyst Mark Miller of Noble Financial Group cut his rating on Hutchinson’s stock to sell from hold following the company’s report. Market …
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