Cogent Communications (CCOI) shares fell 11.5% in Friday afternoon trading after JPMorgan downgraded the stock to neutral from overweight, with a price target of $22 per share.
Trading volume stood at over 1.1 million shares, against a daily average of about 1.2 million.
Price: $17.53, Change: $-2.29, Percent Change: -11.55%
AGNC Investment (AGNC) announced Friday an at-the-market offering program to sell up to $2 billion of its common stock from time to time.Shares fell around 1.2% in recent trading.Price: $10.43, Change: $-0.12, Percent Change: -1.14%
Nikon is pushing to reclaim ground in the semiconductor photolithography equipment market by undercutting Dutch rival ASML (ASML) on price, Nikkei Asia reported Friday, citing the Japanese company's president and chief executive, Yasuhiro Ohmura.Nikon produces many components in-house, giving it a structural cost advantage, Ohmura told Nikkei.The company is in talks with several major chipmakers in the US and Asia about new orders for its argon fluoride lithography equipment amid the artificial intelligence boom, with talks "nearing purchase orders," Ohmura reportedly said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $1611.06, Change: $+5.29, Percent Change: +0.33%
Grid Dynamics (GDYN) shares fell 3% in Friday afternoon trading after Jefferies downgraded the stock to hold from buy with a price target of $8 per share.Trading volume stood at over 1.7 million shares compared with a daily average of nearly 1.9 million.Price: $7.15, Change: $-0.22, Percent Change: -2.99%