BUZZ-Dycom Industries slips after Spruce Point says short on co

Reuters
02-19
BUZZ-Dycom Industries slips after Spruce Point says short on co

** Shares of telecommunications contractor Dycom Industries DY.N fall 2.7% to $170.02 in early trade

** Spruce Point Capital Management issues "strong sell" on DY and says it has short position

** Adds stock faces up to 35%-55% potential downside risk

** Flags concerns on cost saving among Dycom's telecom clients; says co may be embellishing margins

** Says DY delayed disclosures of credit exposure to Frontier Communications FYBR.O

** Dycom Industries did not immediately respond to a request for comment

** DY shares down 2.1% year to date

(Reporting by Lisa Mattackal)

((LisaPauline.Mattackal@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10