Interactive Intelligence Shares Plunged: What You Need to Know (ININ)

Interactive Intelligence Shares Plunged: What You Need to Know

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of voice over Internet protocol technologist Interactive Intelligence (Nasdaq: ININ ) got a bad signal today, falling a precipitous 14.8% as of this writing on heavy volume, and might go lower still when the day is done.

So what: Interactive Intelligence's first-quarter sales easily topped Street estimates, adjusted earnings beat analyst consensus by a penny, and management guidance came in above the current zeitgeist. Then again, the stock had raced ahead by 32% over the previous three months, leaving it ripe for an adjustment.

Now what: One analyst firm downgraded the stock from buy to hold, while another raised its one-year price targets to $46 per share -- whom do you believe? For the record, Interactive Intelligence is growing sales and earnings faster than peers ShoreTel (Nasdaq: SHOR ) and Nuance Communications (Nasdaq: NUAN ) , while also sporting wider margins. Interactive may trade at a market premium, but sometimes you get exactly what you pay for -- which is what makes this stock a true Rule Breaker.

Interested in more info on Interactive Intelligence? Add it to your watchlist.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool contributor Anders Bylund holds no position in any of the companies discussed here. Interactive Intelligence is a Motley Fool Rule Breakers selection. Nuance Communications is a Motley Fool Stock Advisor recommendation and a Motley Fool Hidden Gems selection. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.