Shares of Frontier Communications (FYBR) moved higher after Bloomberg reported that ISS recommends the company’s investors abstain with regards to the Verizon (VZ) takeover vote. Frontier are up 1% to $35.97 in midday trading.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FYBR:
- ISS recommends Frontier investors vote against Verizon deal, Bloomberg says
- Frontier jumps 1% after ISS recommends vote against Verizon deal
- Coinbase initiated, Edwards Lifesciences upgraded: Wall Street’s top analyst cal
- Frontier downgraded to Market Perform from Strong Buy at Raymond James
- KeyBanc downgrades Verizon on limited room for EBITDA growth