Coinstar Shares Fall After Forecast Misses on Weak DVDs
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Coinstar Inc. fell the most in more than six months after the owner of Redbox DVD kiosks said a weak film lineup this quarter will cause results to miss analysts’ estimates.
Coinstar dropped 7 percent to $48.47 at the close in New York, the biggest decline since July 27, after the Bellevue, Washington-based company released fourth-quarter earnings and its first-quarter forecast yesterday.