CIRC is trading 10.92% down now at $0.58 after Circle8 reported a second-quarter net loss of $86.37 million, compared with $10.72 million a year earlier.
- Basic and diluted loss per share widened to $0.98 from $0.20.
- Six-month net loss reached $117.11 million versus $21.46 million previously.
- The earnings release followed the August 19 close, providing a clear company-specific explanation for the pre-market decline.