A Second Look: Ruby Tuesday continues to sink (AP)

Friday October 10, 3:02 pm ET Ruby Tuesday shares slide to 15-year low following disappointing fiscal 1st-quarter report NEW YORK (AP) -- Ruby Tuesday Inc. shares plummeted again on Friday, two days after the casual dining chain reported lackluster fiscal first-quarter profits and sales. The stock fell $1.17, or 34.4 percent, to $2.23 after hitting a more than 15-year low of $2 earlier in the day. The stock hasn't traded that low since 1990. The plunge comes after the stock fell by double-digits Thursday. The initial drop followed the company's first-quarter earnings report, in which profit fell 97 percent and same-store sales, or sales at... [read full story]                    

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