Communication Equipment Stocks Top Losers (HRS, SONS, EGHT)

by EIN on 2010/01/29

in economy

(EMAILWIRE.COM, January 29, 2010 ) Dallas, Tx – Harris Corporation (NYSE:HRS) declined 5.26% to $44.34 on 3.54 million shares. The stock hit an intraday high and an intraday low of $48.09 and $43.04 respectively. In the last six months the stock went up over 40%. Harris Corporation together with its subsidiaries, is an international communications and information technology (IT) company serving government and commercial markets in more than 150 countries.

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Sonus Networks, Inc. (NASDAQ:SONS) plunged 5.24% to $2.17 on 2.10 million shares. The stock hit an intraday high and an intraday low of $2.34 and $2.17 respectively. In the last six months the stock went up over 19%. Sonus Networks, Inc. is a provider of voice infrastructure solutions for wireline and wireless service providers. Its products are a generation of carrier-class infrastructure equipment and software that enables voice services to be delivered over Internet protocol (IP) packet-based networks.

8×8, Inc. (NASDAQ:EGHT) decreased 7.69% to $1.20 on 1.49 million shares. The stock hit an intraday high and an intraday low of $1.28 and $1.17 respectively. In the last six months the stock went up over 62%. 8×8, Inc. incorporated in February 1987, develops, markets and sells telecommunication services and technology for Internet protocol (IP) telephony and video applications.

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