CMON Reports Loss, Stock Continues to Slide
CMON stock price continued to fall as the company reported losses of $4.1 million for the 9 month period ending September 2018. The company blamed the losses mainly on decreasing Kickstarter revenue and increased convention expenses. Revenue fell 32.6% from $17.5 million for 2017 to $11.8 million in 2018. The losses were primarily due to decreases …