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International Game shares plummet after Reuters reports dire outlook07.17.2008
Share of slot machine maker International Game Technology fell 12 percent on July 17 after Reuters was alone in reporting it had lowered its quarterly profit outlook on a conference call. Shares of IGT, which had been flat to slightly lower after the company announced lower quarterly profits, ended the day as one of the biggest losers on the New York Stock Exchange with a drop of about 8 percent. |
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