A class action lawsuit has been filed against Cogent Communications Holdings, accusing the company of misleading investors about the risks related to pledged shares and margin loans. The complaint claims Cogent's SEC filings warned generally about foreclosure risks but failed to disclose the material risk of forced stock sales, which contributed to an over 80% stock price drop from $86 to under $17. The lawsuit highlights a significant $82.5 million forced sale of pledged shares by lenders in 2025, which allegedly disrupted the market. Investors who bought Cogent securities between February 2024 and May 2026 may seek to join the case, with a lead plaintiff deadline of September 21, 2026.
Lands' End reported Q2 fiscal results with revenue rising 2.7% to $302 million, beating analyst expectations, while adjusted EPS missed slightly at $0.09 versus $0.10 forecast. The company improved profitability from a year ago, turning an adjusted l...
Planet Labs is set to report its Q2 earnings, with analysts expecting a loss of $0.02 per share, a 33.3% improvement from last year. Revenue is estimated at $104.12 million. Despite a significant stock decline, trading 27% below its 200-day average, ...
CVS Health reported a 7.3% revenue increase in Q2 to $106.1 billion and raised its full-year revenue forecast to at least $414 billion, alongside improved earnings per share guidance. Despite UBS lowering its price target to $118, analysts like Jeffe...
Zscaler is set to report earnings with an expected EPS of $1.09 and revenue near $877 million, reflecting about 22% growth year-over-year. Investors are closely watching the company's fiscal 2027 guidance after a previous outlook caused a sharp 31.52...
Canaccord Genuity maintained a Buy rating on Gold.com but reduced its price target from $70 to $65 due to weaker-than-expected fourth-quarter results. Gold.com reported a strong fiscal 2026 with revenue up 132% to $25.51 billion and net income rising...
