WideOpenWest shares are trading lower after the company reported worse-than-expected Q3 sales results. Following earnings, Keybanc downgraded the stock from Overweight to Sector Weight.
Portfolio Pulse from Benzinga Newsdesk
WideOpenWest reported worse-than-expected Q3 sales results, leading to a downgrade of the stock from Overweight to Sector Weight by Keybanc. This has resulted in a decrease in the company's share price.
November 09, 2023 | 2:16 pm
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WideOpenWest's worse-than-expected Q3 sales results led to a downgrade by Keybanc and a subsequent drop in share price.
WideOpenWest's Q3 sales results were below expectations, which is a negative signal to investors. This led to Keybanc downgrading the stock, further impacting investor sentiment and causing a decrease in the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100