Small Cap Movers

Domino’s Pizza hits all-time low after inaccurate downgrade news

Dianna Heitz | Jun 27, 2008 11:59am EDT | Comment
Rating: Unrated
Domino's Pizza, Inc. (NYSE:DPZ) hit an all-time low Friday at $10.58 per share with volume soaring to more than 800,000 shares. The Ann Arbor-Mich.-based pizza delivery company said there were inaccurate reports circulating that said Domino’s had been downgraded by investment bank J.P. Morgan. Domino’s was working Friday to have corrections issued, the company said. At midday Friday, the stock was at $11.62, down $0.17 or 1.4% from Thursday’s close.

For detailed price information and recent news stories on Domino’s Pizza, Inc., click DPZ.

Dianna Heitz

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Reporter Dianna Heitz is based in SmallCapInvestor.com's Washington, DC bureau.