SCO stock continues downward spiral

  • In the months after the SCO Group's Linux-related lawsuit against IBM (NYSE: IBM) was filed nearly three and a half years ago, the tiny Utah software company saw its stock soar tenfold.

    On Tuesday, though, the Lindon company's stock was a long way from its October 2003 high of US$20.50 per share. After a sustained slide fed by poor earnings results and courthouse reversals, SCO shares closed Tuesday at $2.28 per share.

    Read the complete story here. (Tech News World)