CTC Media Finished Tuesday at Lowest Level in over eight Months

Wed. July 09, 2008; Posted: 08:18 AM

(RTTNews) - CTC Media Inc. (CTCM | Quote | Chart | News | PowerRating) gapped down Tuesday and fell sharply in the first hour of trade. The stock slipped further around midday and closed lower by $3.47 at $21.40 on above average volume.

CTC Media dropped below nearly a one-month trading range on Tuesday, to close at over an 8-month low.

For full details on CTC Media Inc (CTCM) click here. CTC Media Inc (CTCM) has Short Term PowerRatings of 8. Details on CTC Media Inc (CTCM) Short Term PowerRatings is available at This Link.

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