Avatar Holdings Extends Losses, Hits New Low

Wed. July 02, 2008; Posted: 12:10 PM

(RTTNews) - Avatar Holdings Inc. (AVTR | Quote | Chart | News | PowerRating) has been falling gradually for most of Wednesday's trading so far. In the last five minutes the stock has accelerated its decline and is currently at $27.65 down $1.89 from Tuesday's close.

The decline has extended a recent downtrend and has taken the stock to a new multi-year low.

For full details on Avatar Holdings Inc (AVTR) click here. Avatar Holdings Inc (AVTR) has Short Term PowerRatings of 4. Details on Avatar Holdings Inc (AVTR) Short Term PowerRatings is available at This Link.

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