Uniti Group Shares Drop, Hearing B Of A Downgrades Stock
Portfolio Pulse from Benzinga Newsdesk
Bank of America has downgraded the stock of Uniti Group, leading to a drop in the company's shares.
November 07, 2023 | 6:16 pm
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NEGATIVE IMPACT
Uniti Group's stock has been downgraded by Bank of America, resulting in a decrease in share prices.
The downgrade by Bank of America is a negative signal to investors, which can lead to selling pressure and a decrease in the stock price. This is why the score is -1, indicating a likely decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100