Movers roundup: Demand Media, American Vanguard
Movers roundup: Demand Media falls on cut revenue outlook; American Vanguard falls on outlook
Among the stock activity stories for Tuesday, June 25, from AP Business News:
— Shares of Demand Media Inc. fell after the Internet publisher cut its revenue outlook for its second quarter, due to a decline in traffic that was sparked by a change in Google's search formula. The move led to an analyst downgrade, which contributed to the stock's decline.
— American Vanguard Corp.'s stock tumbled to its lowest point in more than a year as the agricultural products company cautioned that its second-quarter performance will be hurt by bad weather.
