0.63% +0.03

WideOpenWest Inc (WOW)

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Perché le azioni WideOpenWest Inc (WOW) sono in ribasso?

Abbiamo notato un calo di 5.08% nelle azioni di WideOpenWest Inc (WOW) durante la sessione di negoziazione di 2024-04-10. Sebbene ciò possa essere attribuito alla normale volatilità o a vari fattori interni ed esterni, tieni presente che stiamo monitorando attivamente la situazione e forniremo aggiornamenti tempestivi il prima possibile!

2023-11-09:

WideOpenWest, Inc. Stock (WOW) dropped by 56.89% from $7.40 to $3.19 in the trading on Thursday November 9, 2023. The reasons why WOW stock down today include:

Q3 FY23 results: WideOpenWest reported revenue of $173.1 million, missing the consensus of $173.4 million, and EPS loss stood at $(1.29) vs. consensus of EPS of 1 cent.
FY24 guidance: The company pulled FY24 guidance, citing significant declines in legacy high-speed data (HSD) customers due to several factors and a slowdown in gross additions from the timing of expansion delivery.
Downgrade from analyst: Keybanc Capital Markets analyst Brandon Nispel downgraded the stock to Sector Weight from Overweight. Nispel now expects HSD losses of -11.1K (from +10K) in Q4 FY23 and expects legacy losses to offset Expansion subscriber growth going forward.