By  on March 13, 2009

Shares of Quiksilver Inc. fell 18 percent Thursday after the firm, still smarting from the sale of the Rossignol ski business, posted a larger first-quarter loss.

The deficit grew to $194.4 million, or $1.53 a diluted share, for the three months ended Jan. 31 from a loss of $21.9 million, or 17 cents, in the year-ago quarter.

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