On the New York Stock exchange yesterday, Westinghouse shares closed down 62.5 cents, to $36.375 each.
On Monday, the price of Westinghouse shares had risen 50 cents each, apparently on rumors the company would take a large charge and dismiss more people.
Wall Street applauded the announcement, and Westinghouse shares rose $1.625, to $15.875, on the New York Stock Exchange.
Uncertainty hangs over Westinghouse shares.
Westinghouse shares, though, have barely moved.
Westinghouse shares, which traded as high as $21.125 earlier this year, hit a low yesterday of $10.375, before rising to close at $10.875, down 25 cents.
At yesterday's closing price for Westinghouse shares, $18.125, each Infinity share was valued at $30.81.
Westinghouse shares fell 50 cents, to $18.875, in Big Board trading today.
"The second bounce down will probably be lower," he said, noting that Westinghouse shares bottomed at about $13 in the early 80's.
No firm has recommended it, and Westinghouse shares have traded in a narrow band of $11 to $13 for the last few years.
