Data Storage Stocks Losers (CML, STX, NTAP, EMC)

Compellent Technologies, Inc. (NYSE:CML) plunged over 18.50% to $17.73 after it posted an adjusted quarterly profit that missed Street projections, hurt partly by a rise in expenses, The company's fourth-quarter net income was about flat at $1.3 million, or 4 cents a share. Excluding items, the company earned 7 cents per share.Revenue rose 35 percent to $36.3 million. Analysts were xpecting the company to report earnings of 9 cents per share, on revenue of $35.5 million.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

Seagate Technology (NASDAQ:STX) fell 2.30% to $18.34 on high volume following the overall market downtrend.

EMC Corporation (NYSE:EMC) slid 1.30% to $16.89. In the past one year, the stock is up over 40%.

NetApp Inc. (NASDAQ:NTAP) fell 1.50%.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers a stock newsletter on OTC, PINKSHEETS ,OTCBB, and AMEX Stocks. Our subscribers receive daily up to date stock information on midcap, smallcap penny stocks and also stocks that are traded at NASDAQ and NYSE stock exchange. If you wish to feature your organization on our website then you can contact us at the email given below.