Price Tank Alert: Altera Corp. (ALTR)

Posted in General, pre-market 
November 17th, 2008

Altera Corp. (NASDAQ: ALTR) is getting hit hard this Monday morning, although maybe not by as much as if you just looked at the headline and pretended this was somewhat normal times.   Goldman Sachs downgraded the stock by putting it on the Conviction Sell List.

Shares are down 4% at $14.40 9:06 AM EST.  So far there have only been 2,000 shares traded and it normally sees around 10 million shares trade hands.  Its 52-week trading range is at risk today as the listed range is $14.20 to $24.19.

JON OGG

NOV. 17, 2008

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