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Fossil stock drops 10.7 percent after it lowers forecast.
Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News) Publication Date: 23-FEB-05 |
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COPYRIGHT 2005 The Dallas Morning News
Byline: Maria Halkias
Feb. 23--Fossil Inc.'s stock price took a beating Tuesday after the Richardson-based fashion watch and accessories maker said that its first-quarter results won't meet expectations.
Fossil shares fell $3.07, or 10.7 percent, to close at $25.61 after company officials predicted per share net income would rise...
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