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 e-commerce solutions specialist Digital River
So what: While its third-quarter results were largely in line with estimates, Digital River's fourth-quarter profit warning -- it now sees EPS of $0.32-$0.35 versus the consensus of $0.39 -- is forcing analysts to continue lowering their growth estimates. In fact, the shares are now down nearly 50% over the past six months alone and are currently flirting with the 52-week low.
Now what: I'd expect the shares to stay flattish in the short term. One of the big worries surrounding Digital River is its dependence on software giant Microsoft
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