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S M A Corp

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October 1, 1998 | From Bloomberg News
S M & A Corp. shares fell 31% Wednesday, the 10th biggest percentage loss in U.S. markets, after the company, which helps government contractors, said its third-quarter revenue would fall short of expectations partly because of delays in some of its projects. S M & A shares fell $7.63 to $17.25 in trading of 826,800, more than 14 times the three-month daily average. Earlier in the session, the stock traded as low as $14.50.
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BUSINESS
March 27, 1999 | Leslie Earnest
SM&A Corp., the Newport Beach provider of management services, said Friday that it purchased 112,000 shares of its common stock at an average price of $7.92 a share. SM&A announced in December that its board had authorized the company to buy up to 300,000 shares from time to time because the company believed its stock was undervalued. Just before the announcement, the stock had hit a 52-week low of $8 a share. The announcement caused the price of the shares to jump 34% in one day.
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BUSINESS
March 27, 1999 | Leslie Earnest
SM&A Corp., the Newport Beach provider of management services, said Friday that it purchased 112,000 shares of its common stock at an average price of $7.92 a share. SM&A announced in December that its board had authorized the company to buy up to 300,000 shares from time to time because the company believed its stock was undervalued. Just before the announcement, the stock had hit a 52-week low of $8 a share. The announcement caused the price of the shares to jump 34% in one day.
BUSINESS
October 1, 1998 | From Bloomberg News
S M & A Corp. shares fell 31% Wednesday, the 10th biggest percentage loss in U.S. markets, after the company, which helps government contractors, said its third-quarter revenue would fall short of expectations partly because of delays in some of its projects. S M & A shares fell $7.63 to $17.25 in trading of 826,800, more than 14 times the three-month daily average. Earlier in the session, the stock traded as low as $14.50.
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