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Kanbay share price recedes; Falls back after doubling in first 6 mos. of trading.

Publication: Crain's Chicago Business
Publication Date: 16-MAY-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Kanbay share price recedes; Falls back after doubling in first 6 mos. of trading.(News )( Kanbay International Inc)

Article Excerpt
Byline: SHRUTI DATE SINGH

After doubling in price in the first six months of trading, Kanbay International Inc.'s stock has dropped almost as fast.

Shares of Rosemont-based Kanbay, which provides IT outsourcing to financial services companies-with about 80% of its 3,500 technical workers in India-debuted at $13 in July and peaked at $31.87 Dec. 29. Since then, however, the stock has slipped to the $16...

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