Article: NORTH FACE NOSE-DIVES AS TRADING RESUMES CEO OFFERS APOLOGY, SAYS FIRM'S SLUMP IS ONLY SHORT-TERM.(Business)

Byline: John Accola News Staff Writer

STOCK WATCH

North Face Inc., (TNFIE: Nasdaq) $9.44, up down $2.31.

A three-week halt on North Face Inc. stock was lifted Monday, prompting a sell-off that caused shares to plunge more than 19 percent and left the company with a market value at nearly half of a buyout group's offer two months ago.

Carbondale-based North Face shares closed at $9.43 after trading as low as $6.75, a 52-week low.

The stock freefall - a continuation of last month's trading trend - showed how much Wall Street hates being fooled even though it's been weeks since the company acknowledged misleading analysts and ...

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