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TLGT - Teligent not aware of reasons for recent selloff; shares up 3%
Teligent Inc.
In a statement, Teligent (TLGT+3.4%) CEO Jason Grenfell-Gardner says that his team is "not aware" of any fundamental changes to the business that would explain the recent softness in the stock. Shares have sold off 23% since touching $1.30 on April 4.
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