What's going on with the stock price? I haven't seen any bad news coming out recently?
8 replies (most recent on top)
Elmer shot that rabbit, the government moves to slow for the benefit to pull CS out of the abyss. Plus they are small player in comparison to Corning and OCI. I guess crumbs are better than nothing but not enough to sustain them.
That 'rabbit' might just be the government investment in fiber which CS will no doubt benefit from?
New lows everyday…. Lol
That will have to be one heck of a rabbit to pull out of the hat to save this place. Not…
The c-suite knocking you out of the way as they climb to the crows of this sinking ship? Best grab a life preserver and jump. Captain goes down with his ship but I doubt Chuck has the fortitude and will sacrifice someone.
Cap well below $1B now. Wow
Security breach.
Most alarming. Chuck need to make some kind of statement to calm the market. If this decline continues, employees can forget about severance packages.
Dipping below $5 now. Not far off market cap being less than $1B
I think you will find that the market isn't convinced that C-suite will be able to meet its $1.3B 2025 obligation. A statement from the company confirming that it has secured the planned refinancing package should go a long way towards calming nerves.