Cogent Communication (CCOI) Sinks As Client Megaupload Shut Down
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Cogent Communication (Nasdaq: CCOI) is under heavy pressure related to news that Megaupload.com founder was arrested and the site shutdown by the FBI.
Cogent was apparently hosting some content and supplying servers to Megaupload and a search warrant was issued to them.
Shares of CCOI are down 16%
Cogent was apparently hosting some content and supplying servers to Megaupload and a search warrant was issued to them.
Shares of CCOI are down 16%
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