By and  on June 3, 2014

Weak second-quarter results hit Quiksilver Inc. hard today, pushing its stock down 41.1 percent to $3.41 in a modestly down market.

Late Monday, the company offered a disappointing report on the quarter, revealing a  larger-than-expected loss on lower-than-expected revenues. That led to downgrades from both Stifel Nicolaus and Monness Crespi and left the stock at with its lowest close since Nov. 2, 2012.

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