Blue Nile (NILE) Shares Plunge After Earnings Report And Downgrade

Daniel James Hayden IV

February 12, 2010 11:42am Comments

Shares of Blue Nile, Inc. (Nasdaq: NILE) fell more than 6% the day after the company released a disappointing earnings report.

Shares of Blue Nile's stock were also downgraded by Benchmark from Hold to Sell and the price target was lowered from $60 to $35.

The online jewelry retailer's 52 week range is $19.08 to $67.16.

Posted-In: Analyst Color Earnings News Short Ideas Downgrades Price Target Markets Movers

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Stock	Firm	Action	PT
SEDG	B of A Securities	Maintains	411.0
PTLO	Piper Sandler	Maintains	28.0
AOUT	Lake Street	Maintains	26.0
RAPT	Piper Sandler	Maintains	52.0
OCX	Lake Street	Maintains	6.0

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