Monday, February 12, 2007

OC Register - "New Century stock off 36%" (2-9-07)

"Stock of Irvine's New Century Financial lost more than one-third of its value Thursday, as investors digested news that it will restate past earnings, make fewer loans this year and report a fourth-quarter loss. New Century's stock price fell 36 percent, crashing through its previous 52-week low of $29.07, to close at $19.24. "

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