Cogent Stock Rises as Legal Cloud Stays in Focus Ahead of Holiday
Cogent Communications Holdings shares turned higher Thursday, ending up 3.38% at $18.37. The stock moved between $17.30 and $18.58 through the session. Heading into Friday, CCOI faces new attention from an investor law firm. Timing is in focus. Friday wraps up the last regular U.S. trading before the Memorial Day break on Monday, with Cogent still working to recover from its May 4 earnings drop. Nasdaq lists stock trading from 9:30 a.m. to 4:00 p.m. ET, and Memorial Day, May 25, is marked as a market holiday.