Browsing: Falling

Shares of internet service provider Cogent Communications (NASDAQ:CCOI) fell 11.4% in the afternoon session after a weak second-quarter report and a Goldman Sachs price-target cut to $12 from $16. Cogent missed on revenue and EBITDA as Sprint-related churn, delayed customer orders, and higher costs hit the quarter—prompting Goldman to stay Neutral but mark the shares…

Shares of boutique fitness studio franchisor Xponential FitnessXPOFfell 22.5% in the afternoon session after second-quarter profitability badly missed expectations and management cut full-year guidance. Adjusted EPS of just $0.02 came in far below the roughly $0.13 consensus, and the company lowered 2026 revenue and adjusted EBITDA outlooks below Wall Street’s prior framework. Revenue of about…

Micron Technology (NASDAQ: MU) has been one of the hottest performers on the stock market over the past year, but its shares have witnessed a substantial pullback after reaching a 52-week high on June 25

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) fell 13.9% in the morning session after the company reported second-quarter financial results that missed Wall Street’s expectations on both the top and bottom lines. For the quarter, Coinbase posted revenue of $1.22 billion, representing an 18.5% year-over-year decline and falling short of the consensus forecast of $1.30…