Ku6 Media (Nasdaq: KUTV) released the fiscal 2011 fourth quarter earnings report showing that the company booked a total revenue of $4.42 million for the fourth quarter of fiscal 2011, down 34.7 percent compared with $6.77 million a year earlier; fourth quarter net loss was $3.94 million, down 74.5 percent compared with a year earlier loss of $15.45 million. Read the related post about KUTV stock.
The KUTV stock price opened higher but rapidly went down to $2.10 per share, with an increase of more than 10%, then the shares rebounded and trimmed around $2.2, and finally closed at $2.18, down $0.18, or 7.52 percent compared with the previous day’s closing price, while the trading volume was slightly larger than the previous two days.
The highest level of the KUTV stock price was $2.46 per share while the lowest was $2.10 per share. Over the past 52 weeks, the KUTV stock price trading range was $0.75-$8.12 per share.
KUTV - KUTV stock price