Data-storage firm OCZ Technology cut its fiscal second-quarter revenue forecast, pointing to constraints in the supply of NAND flash memory, which is used in solid-state drives. Shares tumbled 24% to $4.05 premarket.
VeriFone’s fiscal third-quarter income rose 43% as the electronic-payments company’s revenue strengthened, led by its services business. Still, shares dropped 11% to $31.50 premarket after the company predicted weak fourth-quarter revenue.
More at Stocks to Watch: OCZ Technology, VeriFone Systems, Men's Wearhouse - Wall Street Journal (blog)
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