Acxiom Corporation Plummets 25% (ACXM)

Shares of Acxiom Corporation ACXM are screaming lower this morning after the company said that its chief executive and chief financial officers are resigning. The marketing data company also announced plans to write down the value of its international business. Share are currently off by 25.26%, trading at $13.05. Stock volume is running extraordinarily high, already turning over 3.4 million shares. This compares to the 10-day daily stock volume of 288,000 shares. Note that ACXM had only 2.30% short interest. Acxiom Corporation is engaged in marketing technology and services that enable marketers to manage audiences, personalize consumer experiences and create customer relationships. Its consultative approach combines consumer data and analytics, databases, data integration and consulting solutions.