SHARES OF INTERNET SECURITY SOFTWARE MAKER PLUMMET

Shares of WatchGuard Technologies fell 32 percent after the maker of Internet-security software and hardware said that it would have a wider-than-expected loss this quarter as sales miss forecasts. Shares of the company, based in Seattle, fell $3.24 to $6.95. They have declined 78 percent this year. The company said it expected a loss of 23 cents to 29 cents a share this quarter. It was projected to have a loss of 4 cents, according to analysts surveyed by Thomson Financial/First Call. The company attributed the drop in sales to the weak economy and less demand for its more expensive products.