Cogent Communications Holdings Inc
CCOI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %Hn | LOCK|?L#w | LOCK|Dd<$pV |
Cogent Earnings: Shares Freefall as Investors Left Uncertain About the Sprint Deal Transformation
Shares of Cogent sank over 20% following its second-quarter earnings release, as investors were left uninspired about the potential of a successful and accretive rollup of the Sprint wireline assets. Revenue and margins were decent, but Cogent's obscured future is what is on investors' minds.
