Stock prices drop at news that first quarter profits were lower than expected due to a slight fall in the housing market, worrying investors about Plum Creek's future potential.
Shares rise as it is announced that Thomas M. Lindquist will take a position as COO at Plum Creek; investor confidence rises at the news that the ex=VP at Trammell Crow Company will take over Plum Creek's operations.
Plum Creek's shares drop dramatically as they announce a Q107 estimate well below analyst estimates, scaring investors into selling.