VeriFone Slides After Cutting Full-Year Earnings Forecast: Chart

VeriFone Systems Inc. fell the most since February 2013 after cutting its full-year earnings forecast following the close of regular trading Tuesday. The company, whose electronic-payments technology is used in New York City taxi cabs, fell as much as 30 percent to $19.71 a share on Wednesday, making it the biggest laggard in the S&P Midcap Information Technology Index.

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