After a 65% Slide, One Fund Clears Out This Internet Infrastructure Stock Entirely

Cogent Communications, a provider of high-speed internet and network services, has seen its stock price drop by 65%, prompting a fund to completely exit its investment. This significant decline may indicate a bearish sentiment in the market towards the company or the internet infrastructure sector. The fund's decision to sell off its entire stake suggests a loss of confidence in the stock's potential for recovery.