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Thursday, July 21, 2011

Stock Market Up and Down-Grades: (SABA)

The Benchmark Company, the brokerage firm, has recently decreased the rating on Saba Software (SABA). They lowered the rating from Buy to Hold. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. Shares of SABA fell by 17.52% or $-1.65/share to $7.77. In the past year, the shares have traded as low as $4.72 and as high as $10.62. On average, 118778 shares of SABA exchange hands on a given day and today's volume is recorded at 1081932.