Perfect World Down 17% (PWRD)

Perfect World Co., Ltd. PWRD is down sharply today, dropping more than 17% after the Chinese gaming company reported worse than expected earnings. The company reported that third-quarter earnings fell to 4.05 yuan per ADR. This is much lower than the 5.5 yuan from a year ago. At last check, shares of PWRD are down $5.37 to $26.10.