Complete the Circuit With Jabil

Contract manufacturing specialist Jabil Circuit (JBL) got hammered on Wednesday after reporting results for its fiscal first quarter, which ended on Nov. 30, 2013. Shares that had changed hands above $24 in September closed down more than 20% on the day at $15.67.

Earnings per share (EPS) were not that bad, but guidance for the next quarter was drastically reduced. It was "everybody out of the pool" time. The downturn was accentuated by end-of-year tax selling, at a time when there were few losers to exit....233 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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