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35.53
0.50%
-0.18
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35.53
Why is Frontier Communications Parent Inc (FYBR) Stock down?
We've noticed a 9.51% decline in Frontier Communications Parent Inc (FYBR) stock during the 2024-09-05 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
17 Jul, 2023:
FYBR's stock fell 15.79% because Citigroup downgraded Frontier Communications from Buy to Neutral and lowered the price target from $30 to $17. The telecom stock were lower as reports of lead-lined landline cables raised questions about potential liability.
https://www.fool.com/investing/2023/07/17/why-telecom-stocks-missed-mondays-market-rally/
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