Stock FAQs

windstream stock price drop

by Prof. Maximilian Pagac III Published 3 years ago Updated 2 years ago
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How much is a share of Windstream worth?

One share of WINMQ stock can currently be purchased for approximately $0.08. How much money does Windstream make? Windstream has a market capitalization of $3.40 million and generates $5.12 billion in revenue each year. How many employees does Windstream have? Windstream employs 12,438 workers across the globe.

Will Windstream’s shares respond well to the bankruptcy news?

Windstream shares did not respond well to the bankruptcy news. Windstream will be filing an appeal for the decision by Judge Furman in an attempt to retain the $310 million they have been ordered to pay to Aurelius Capital Management LP.

What are analysts'price targets for Windstream's stock?

4 brokerages have issued 1-year price targets for Windstream's shares. Their predictions range from $0.48 to $5.00. On average, they anticipate Windstream's stock price to reach $2.16 in the next twelve months.

What does Windstream do for a living?

0.35 Windstream Holdings, Inc. is engaged in providing advanced network communications and technology solutions for consumers, businesses, enterprise organizations and wholesale customers in the United States. The Company also provides data, cloud solutions, unified communications and managed services to small business and enterprise clients.

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Why is Windstream stock so low?

The biggest concern for investors looking at Windstream is the Chapter 11 bankruptcy that it filed in February. Shares of Windstream stock plunged by 43 percent after the announcement, and have continued to decline thereafter.

What happened Windstream stock?

The Nasdaq delisted Its stock after Windstream filed chapter 11 in February of last year. The Windstream chapter 11 bankruptcy saga included court battles with Uniti Group and Charter Communications. It also brought big changes for Windstream partners.

Who bought Windstream 2020?

Elliott ManagementWindstream emerged from Chapter 11 bankruptcy protection in September 2020, and is now owned by Elliott Management and other former creditors. Uniti is a real estate investment trust (REIT).

Is Windstream still publicly traded?

Under the restructuring, Windstream no longer is a publicly traded company, a substantial change since the communications company has been public since its spinoff from Alltel Corp in 2006. The company joined the Fortune 500 list of the largest public companies in 2013.

Does Verizon own Windstream?

The company was formed in 2006, when Alltel's local telephone service merged with Valor Communications Group out of part of GTE (now part of Verizon's) local telephone business in the Southwestern United States....Windstream Holdings.TypePublicHeadquartersLittle Rock, Arkansas, U.S.Key peopleAnthony W. Thomas (President & CEO)12 more rows

Is AT&T and Windstream the same?

Windstream: Bundles Compared. AT&T Internet typically offers better bundles if you want to combine TV services with its internet plans and has some of the best networks like HBO Max, SHOWTIME, STARZ, EPIX, and Cinemax. Windstream's bundles are more limited and don't have an impressive lineup like AT&T Internet.

Who wants to buy Windstream?

Zayo Group reportedly wants to acquire both Uniti and Windstream, and has been pursuing a deal since June. The Wall Street Journal broke the news, citing people familiar with the matter. The talks with Uniti started in June, it said. That's when the parties discussed a price of around $15 a share, or $3.5 billion.

Is Windstream a Fortune 500 company?

Windstream Holdings, Inc., a FORTUNE 500 company, is a leading provider of advanced network communications and technology solutions.

Is Windstream privately owned?

Windstream Holdings is a privately held communications and software company.

What is Windstream stock price?

The latest closing stock price for Windstream Holdings as of March 05, 2019 is 0.34.

When was Windstream delisted?

All outstanding shares of Windstream stock will be cancelled when the company exits bankruptcy. Windstream voluntarily delisted from Nasdaq when it filed for bankruptcy in February 2019.

Who did Windstream merger with?

EarthLink Holdings Corp.27, 2017 (GLOBE NEWSWIRE) -- Windstream (NASDAQ:WIN), a leading provider of advanced network communications and technology solutions, today announced it has completed its merger with EarthLink Holdings Corp., under which EarthLink shareholders receive 0.818 shares of Windstream common stock for each EarthLink share ...

When was Windstream delisted?

All outstanding shares of Windstream stock will be cancelled when the company exits bankruptcy. Windstream voluntarily delisted from Nasdaq when it filed for bankruptcy in February 2019.

What is Windstream stock price?

The latest closing stock price for Windstream Holdings as of March 05, 2019 is 0.34.

What did Winnebago stock close at today?

Performance OutlookPrevious Close52.03Open51.85Bid45.94 x 1100Ask50.90 x 1000Day's Range50.16 - 52.803 more rows

How has Windstream's stock performed in 2022?

Windstream's stock was trading at $0.0790 at the beginning of the year. Since then, WINMQ shares have increased by 0.0% and is now trading at $0.07...

How were Windstream's earnings last quarter?

Windstream Holdings, Inc. (OTCMKTS:WINMQ) released its quarterly earnings data on Thursday, July, 30th. The company reported ($3.80) earnings per s...

Who are Windstream's key executives?

Windstream's management team includes the following people: Mr. Anthony W. Thomas , CEO, Pres & Director (Age 47) Mr. Robert E. Gunderman , CFO...

Who are some of Windstream's key competitors?

Some companies that are related to Windstream include Asia Global Crossing (ASGXF) , Axtel (AXTLF) , Covista Communications (CVST) , Internet G...

What is Windstream's stock symbol?

Windstream trades on the OTCMKTS under the ticker symbol "WINMQ."

How do I buy shares of Windstream?

Shares of WINMQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...

What is Windstream's stock price today?

One share of WINMQ stock can currently be purchased for approximately $0.08.

How many employees does Windstream have?

Windstream employs 12,438 workers across the globe.

What is Windstream's official website?

The official website for Windstream is www.windstream.com .

What is Windstream's stock price today?

One share of WINMQ stock can currently be purchased for approximately $0.08.

What is the ticker symbol for Windstream?

Windstream trades on the OTCMKTS under the ticker symbol "WINMQ."

How can I contact Windstream?

Windstream's mailing address is 4001 RODNEY PARHAM ROAD, LITTLE ROCK AR, 72212. The company can be reached via phone at 501-748-7000.

What is Windstream Holdings?

Windstream Holdings, Inc. provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up. It also offers consumer video services; premium broadband and video entertainment services under the Kinetic brand; voice and Web conferencing products; and advanced hosted-voice, network management, and business continuity services, as well as owns and operates cable television franchises. This segment serves approximately 1.4 million residential and small business customers. The company's Enterprise segment offers integrated voice and data services, which deliver voice and broadband services over a single Internet connection, data transport services, and multi-site networking services; and other data services comprising cloud computing, and collocation and managed services as an alternative to traditional information technology infrastructure. Its Wholesale segment provides network bandwidth to other telecommunications carriers, network operators, and content providers; fiber-to-the-tower connections to support the wireless backhaul market; voice and data carrier services to other communications providers and large scale purchasers; and special access services and time division multiplexing private line transport. The company's Consumer CLEC segment offers traditional voice and long-distance services, nationwide Internet access services, and dial-up and high-speed, as well as online backup and various email services. Windstream Holdings, Inc. also leases and sells broadband modems and home networking gateways; and sells computers and phones. The company was incorporated in 2013 and is based in Little Rock, Arkansas. On February 25, 2019, Windstream Holdings, Inc. along with its 202 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York.

Does Windstream pay dividends?

Windstream does not currently pay a dividend.

What Does Windstream Do?

Windstream Holdings [OTCMKTS: WINMQ] is a Fortune 500 telecommunications company that provides multiple voice and network services (including broadband Internet and VoIP) to business and residential customers. The company is particularly known for delivering services to customers in rural areas.

Where is Windstream located?

Headquartered in Little Rock, Arkansas, Windstream was founded in 2006 and is currently led by president and CEO Tony Thomas, who has served in that capacity since 2014.

Is Windstream a bankruptcy?

With all that in mind, it’s no surprise that some telecom companies are struggling – a prime example is Windstream Holdings [OTCMKTS: WINMQ], which declared Chapter 11 bankruptcy in February.

Is Windstream a viable business?

Another issue is the fact that Windstream’s business model is becoming less and less viable. As a landline telephone provider, Windstream invested heavily into expanding into rural areas in order to acquire new customers. However, the use of landlines has dropped precipitously over the past several years as customers switch to mobile phones instead.

Is Windstream stock going down?

Even before filing for bankruptcy, however, Windstream stock was on the decline, with revenue and cash flow lower and lower year after year. In the first half of 2018, for example, shares plummeted by 43 percent.

Is Windstream a private equity company?

In January 2019, Windstream sold off its legacy EarthLink consumer Internet assets for $330 million to a private equity firm.

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