By  on September 11, 2008

Shares of Ashworth Inc. fell 6 percent Wednesday, a day after the golf apparel specialist reported a $9.6 million third-quarter loss and said it was exploring strategic alternatives, including a possible sale or merger.

Ashworth’s stock declined almost 30 percent, to $2.83, in morning trading before a rebound to $3.75, down 24 cents, or 6 percent.

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