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Cogent faces class action over dividend cut, stock plunge, and forced sale risks hitting investors hard

Market News
12 Aug 2026
PRNewsWire
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Bearish
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Cogent Communications is facing a securities class action lawsuit from investors who bought shares between February 2024 and May 2026. The lawsuit alleges the company misled investors by promoting an unsustainable dividend policy that was cut by 98%, causing the stock to drop over 80%. Additionally, lenders sold $82.5 million of pledged shares after margin loan defaults, raising concerns about management's risk disclosures. Investors have until September 21, 2026, to apply for lead plaintiff status in the case.

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Real REMAX Group completes RE/MAX acquisition and launches $450M share buyback program

Real REMAX Group completes RE/MAX acquisition and launches $450M share buyback program

Real REMAX Group finalized its acquisition of RE/MAX Holdings on August 24, 2026, forming a combined company with over 180,000 agents worldwide. The new entity trades on Nasdaq under the ticker REAX and blends Real's technology platform with RE/MAX's...

Company Fundamentals
Bearish
53 minutes ago
Build-A-Bear reports mixed Q2 with EPS beat but revenue decline and lowered sales forecast

Build-A-Bear reports mixed Q2 with EPS beat but revenue decline and lowered sales forecast

Build-A-Bear Workshop reported Q2 earnings per share of $0.70, beating analyst estimates despite a decline from $0.94 last year. However, revenue fell 7.2% year-over-year to $115.29 million, missing expectations and leading to a lowered annual sales ...

Company Fundamentals
Bearish
57 minutes ago
Affirm expects strong Q2 with 26% revenue growth and rising active users, stock poised for breakout.

Affirm expects strong Q2 with 26% revenue growth and rising active users, stock poised for breakout.

Affirm Holdings, a leader in buy now, pay later services, is set to report strong Q2 earnings with an expected EPS of $0.35 and revenue of $1.11 billion, up 26.2% year-over-year. Growth is driven by a 29.3% increase in Gross Merchandise Volume and a ...

Company Fundamentals
Bullish
1 hour ago
Amphenol announces 2-for-1 stock split amid strong growth and valuation debate.

Amphenol announces 2-for-1 stock split amid strong growth and valuation debate.

Amphenol Corporation plans a 2-for-1 stock split on September 3, 2026, doubling shares while keeping investment value steady. The company shows strong growth, especially in its Communications Solutions segment, driven by AI-related IT demand and acqu...

Company Fundamentals
Bullish
1 hour ago
Toronto-Dominion Bank beats Q3 earnings estimates with strong capital markets growth.

Toronto-Dominion Bank beats Q3 earnings estimates with strong capital markets growth.

Toronto-Dominion Bank reported a strong Q3 with earnings per share of $1.97 and revenues of $12.07 billion, both exceeding analyst expectations. This performance was driven by robust growth in its capital markets and Canadian banking divisions, along...

Company Fundamentals
Bullish
1 hour ago
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