Zeev's Turnips Patch-No Politics (ZEEV)

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1:20pm 11/12/04
Zebra Tech shares bounce after co. dismisses rumor (ZBRA)

By Michael Baron

NEW YORK (CBS.MW) -- Shares of Zebra Technologies (ZBRA) were off more than 4 percent to $53.74 in afternoon action. The stock sank as low as $45.97 earlier in the session. Volume of 7 million was more than 17 times the issue's daily average of 419,100. The Vernon Hills, Ill., provider of on-demand printing products issued a press release mid-session in response to rumors that it "recently lost a contract with an important customer." The company said there has been no change in the status of any business with any significant customer.