Stock Market Alert: JUPM took a beating on Thursday, trading down over 35% to close the regular session at $5.83 after the company reported its Q3 earnings report and gave their Q4 outlook. Volume was extremely high on the session, with over 9.3 million shares of the stock changing hands, compared to a normal daily average volume of 683k shares traded. The company said that it earned 3 cents per share on revenues of $33.8 million dollars, compared to analyst estimates of 8 cents per share on revenues of $35.9 million dollars. The company also announced that their Q4 earnings and revenues results will both fall short of analyst estimates.
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