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What: Shares of RealD
So what: For investors, this is just the latest in a string of brutal hits. RealD has suffered 10% or worse down days in May, June, and now twice in July. For the first time, the stock is trading below its IPO price of $16 a share.
Now what: RealD booked $59.6 million in revenue, down $64.5 million in last year's first quarter. Analysts were expecting $78.9 million, probably figuring on increased 3-D demand with the release of Time Warner's
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He owned shares of Disney and Time Warner at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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