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Bonneville Seattle is raising funds for the construction of a second Fisher House at Joint Base Lewis-McChord in Tacoma and we need your help.Three reasons why Jones Soda fell flat
September 20, 2012 @ 5:12 pm (Updated: 5:40 am - 9/21/12 )It had no where to go but up ... until it fell flat. Seattle-based Jones soda spent their last day trading on the NASDAQ stock exchange at 29 cents a share. Five years ago, Jones Soda was bubbling along with its stock around $30 a share and almost $40 million in revenue.
So what happened? Linda Thomas reported that analysts believed Jones grew too fast and tried to expand into markets without having enough distributors lined up.
That's not the only reason Jones started taking a dive. In fact, Dori has three reasons we aren't trading Jones on the NASDAQ any longer.
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