VeriFone Tumbles After Another Weak Earnings Report
December 14, 2012 at 10:28 AM EST
Shares of VeriFone Systems (NYSE: PAY ) tumbled at the open on Friday following the release of the company's fourth quarter earnings. PAY traded down over 10 percent to a level it had not seen since October. The company's fourth quarter earnings were mixed, with earnings per share coming in line