Why SunEdison, G-III Apparel Group, and CalAmp Slumped Today

http://www.fool.com/investing/general/2016/03/22/why-sunedison-g-iii-apparel-group-and-calamp-slump.aspx?source=eptfxblnk0000004


SunEdison plunged 26% after reports surfaced that the solar specialist was allegedly negotiating with creditors to make arrangements for continuing financing in the event that the company chooses to file for bankruptcy.


G-III Apparel Group slid 19% in the wake of its fourth-quarter financial report. Revenue increases of just 3% led to a drop of nearly two-thirds in the company's earnings per share compared to the previous year's holiday quarter. The operator of G.H. Bass retail stores and various supporting wholesale businesses blamed the weather in part for its poor performance, noting that weaker outerwear sales were the primary reason it didn't meet its forecasts.


Finally, CalAmp dropped 8%. The wireless-products maker issued preliminary fourth-quarter results that fell short of its previous guidance, saying it would post revenue of $71 million for the quarter compared to its $73 million to $78 million range.