Compellent Technologies, Inc. (NYSE: CML) is trading lower after last night’s announcement that it sees its Q1 revenue below market expectations. Shares were down 16% last night. The stock is now indicated down 21.4% at $13.80 on over 67,000 shares as of 8:39 AM EST. The stock trades 644,000 shares trade on average and the 52-week range is $9.94 to $24.95. The company is into enterprise-class network storage solutions, a sector which is supposed to be strong.
JON OGG
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