Shares of Atn International (ATNI) are trading -7% lower at a price of $44.06 at the time of this writing. The company has undergone whiplashing price moves as it has weathered missing earnings expectations, revenue being down by $0.47 million from last year and Increasee capital expenditures. The stock rose previously on news they had hired an adviser to explore a sale.
Atn International has been trading between a 52-week high of $48.81 and a 52-week low of $31.82. The stock has a market cap of $694 Million.
ATN International, Inc., headquartered in Beverly, Massachusetts, invests in and operates communications, energy and technology businesses in the United States and internationally, including the Caribbean region, with a particular focus on markets with a need for significant infrastructure investments and improvements. Its operating subsidiaries today primarily provide: (i) advanced wireless and wireline connectivity to residential and business customers, including a range of high speed internet services, mobile wireless solutions, video services and local exchange services, and (ii) wholesale communications infrastructure services such as terrestrial and submarine fiber optic transport, communications tower facilities, managed mobile networks, and in-building wireless systems.