Investors Tune Out of RealNetworks
With cash in hand, RealNetworks Inc. (RNWK) has been able to buy other businesses recently, as the digital media company pushes ahead with its quest to keep growing sales. But now the question is what happens in 2007 as a result. Investors unloaded the stock on Feb. 15 after the Seattle company dashed investor hopes with its sales forecast, sending it down 15.9% to $8.97 on the Nasdaq.
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