Level 3 Communications (LVLT) Takes a Hit

Level 3 Communications (LVLT) reported 4Q'12 results and the company lost ~13.6% of its market value. LVLT closed yesterday (02013.02.12) at $21.31. Volume was ~10.2 million vs. t3m-avg. of ~1.5 million.

Two months ago, on 02012.12.12, LVLT closed at $21.03. Two days ago, on Monday (yesterday's yesterday), LVLT had an intra-day of $25.26. In other words, gains that took two months were erased in one day.

LVLT closed on 02013.02.12 at $21.31. 52-week range: $16.36 - $27.99.