Weak Results For Shanda

March 1, 2010 10:00 AM |

Shanda Interactive Entertainment Ltd. (Nasdaq: SNDA) reported record revenue for the fourth quarter but profit was the weakest in three quarters sending the stock price down $4.19 to $41.11. Shares of the company's online unit Shanda Games (Nasdaq: GAME) fell $1.33 to $6.94.

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