Investment
Features
FeesSafety
Academy
More
Pluang+

Block & Leviton investigates Cogent Communications for possible securities law violations after stock drop.

Market News
18 May 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Block & Leviton is investigating Cogent Communications Holdings, Inc. following a more than 30% stock price drop on May 4, 2026, after the company reported a sequential decline in service revenue for the first quarter. This contradicts earlier statements in February claiming revenue growth, raising concerns about potential securities law violations. The firm is reaching out to investors who suffered losses to explore legal actions for recovery. Whistleblowers with non-public information are also encouraged to assist in the investigation and may receive rewards from the SEC.

More News

FREELANDER 8 begins mass production with advanced manufacturing in China, targeting global markets including the Middle East.

FREELANDER 8 begins mass production with advanced manufacturing in China, targeting global markets including the Middle East.

FREELANDER 8 has started mass production at the Chery Jaguar Land Rover Changshu Manufacturing Base in China, a facility with over $3.1 billion invested, including $440 million for NEV upgrades. This plant combines British premium manufacturing with ...

Market News
Bullish
1 hour ago
Trump Media scraps crypto treasury plans amid tough market and shifts focus to media and fusion energy.

Trump Media scraps crypto treasury plans amid tough market and shifts focus to media and fusion energy.

Trump Media and Technology Group has abandoned its plan to create a publicly traded company to accumulate Cronos (CRO) tokens due to challenging market conditions and changing priorities. The company is also scaling back its partnership with Crypto.c...

Market News
Bearish
4 hours ago
Cardano price nears $0.20 resistance as bullish momentum builds, eyeing a breakout.

Cardano price nears $0.20 resistance as bullish momentum builds, eyeing a breakout.

Cardano (ADA) is showing strong recovery momentum, pushing toward the key $0.20 resistance level. Despite a recent minor pullback, ADA remains above its 20-day and 50-day moving averages, signaling ongoing bullish strength. The critical level to watc...

Technical Signals
Bullish
4 hours ago
XRP tests $1 support amid bearish pressure, with recovery uncertain as selling slows but buying remains weak.

XRP tests $1 support amid bearish pressure, with recovery uncertain as selling slows but buying remains weak.

XRP price is under bearish pressure, testing the crucial $1 support level after failing to break above its 20-day and 50-day moving averages. The cryptocurrency trades below major moving averages, signaling a continued downtrend since June's sharp dr...

Technical Signals
Bearish
4 hours ago
Lighter rises 9% to $2.4 as whale buys $1M more, pushing bullish momentum higher.

Lighter rises 9% to $2.4 as whale buys $1M more, pushing bullish momentum higher.

Lighter (LIT) has surged to a three-week high of $2.4, up 9.23% on strong daily trading volume growth of 53% to $49 million. A major whale investor has spent $9.1 million over two months to accumulate 3.91 million LIT, including a recent $1 million p...

Technical Signals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App