NEW YORK, NY -- (Marketwire) -- 03/18/13 -- The Bedford Report has released new equity reports today. As a leading provider of free in depth reports and timely market updates, Bedford is an essential resource for hundreds of thousands of investors across the country.
Krispy Kreme Doughnuts (NYSE: KKD) shares hit a low of $13.40 a share before recovering to close at $14.54 a share on more than five times the average daily volume Friday. The company reported net income for the fiscal fourth quarter declined to $4.8 million, compared to $143.5 million a year ago, a decrease of 97 percent.
Find out more about Krispy Kreme Doughnuts including full access to the free equity report at: www.BedfordReport.com/KKD
STEC, Inc. (NASDAQ: STEC) shares declined 7.65 percent on more than six times the average daily volume Friday to close at $5.07 a share. The company reported revenues for the fourth quarter fell 39.6 percent to $35.1 million, compared to revenues of $58.1 million a year ago.
Find out more about STEC including full access to the free equity report at: www.BedfordReport.com/STEC
VirnetX Holding Corporation (NYSE MKT: VHC) shares plunged 15.26 percent on more than six times the average daily volume Friday to close at $21.82 a share. A jury in Texas has recently ruled in favor of Cisco Systems Inc. in their patent-infringement lawsuit with VirnetX Holding Corp.
Find out more about VirnetX including full access to the free equity report at: www.BedfordReport.com/VHC
Zogenix, Inc. (NASDAQ: ZGNX) shares spiked 6.13 percent on volume of 3.30 million shares traded Friday to close at $1.99 a share. The company reported their net loss shrunk to $0.6 million for the fourth quarter of 2012, compared to a net loss of $23.7 million in the year ago quarter.
Find out more about Zogenix including full access to the free equity report at: www.BedfordReport.com/ZGNX
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein.
A third party, Providence Media Strategies LLC has paid Equity News Circuit five hundred dollars for the publication of this news release. Neither Equity News Circuit, nor the hiring party, has a financial relationship with any company whose stock is mentioned in this release. Neither Equity News Circuit nor the hiring party are a registered investment advisor, and nothing in this report is intended as a solicitation to buy or sell any security.
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