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FreeMarkets takes hit on downgrades

FreeMarkets OnLineplunged 22 percent Tuesday despite beating fourth quarter estimates and boostingits outlook for the next quarter. Analysts found a few items to complain about in an otherwise strong quarter.

Written by ZDNET Editors, Contributor Jan. 22, 2001 at 4:00 p.m. PT

FreeMarkets OnLine plunged 22 percent Tuesday despite beating fourth quarter estimates and boosting its outlook for the next quarter. Analysts found a few items to complain about in an otherwise strong quarter. Story --Tiffany Kary, ZDNet Inter@ctive Investor

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FreeMarkets takes hit on downgrades

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