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Internap Corporation (INAP)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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0.0850-0.0100 (-10.53%)
As of 4:00PM EDT. Market open.
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Commodity Channel Index

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Previous Close0.0950
Bid0.0000 x 3100
Ask0.0000 x 2900
Day's Range0.0850 - 0.1000
52 Week Range0.0123 - 2.9000
Avg. Volume1,222,645
Market Cap2.263M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateMay 07, 2020 - May 11, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.10
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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    • GlobeNewswire

      INAP Closes Sale of Houston Colocation Business to Netrality Data Centers

      RESTON, Va., June 02, 2020 -- Internap Holding LLC (“INAP”), a leading-edge provider of high-performance colocation, cloud and network services, today announced that it.

    • Moody's

      Internap Corporation -- Moody's downgrades Internap's PDR to D-PD on bankruptcy filing; Ratings to be withdrawn

      Moody's Investors Service (Moody's) downgraded Internap Corporation's (Internap) probability of default rating (PDR) to D-PD from B3-PD following the announcement that the company filed a petition for relief under Chapter 11 of the US Bankruptcy Code on March 16, 2020. Internap's corporate family rating (CFR) was downgraded to Ca from B3, its senior secured credit facilities, which include the company's $435 million term loan and $35 million revolver, were downgraded to Ca from B3. Subsequent to today's actions, Moody's will withdraw the ratings due to Internap's bankruptcy filing.

    • INAP Takes Action to Strengthen Capital Structure for the Future, Entering into Restructuring Support Agreement with Ad Hoc Lender Group
      PR Newswire

      INAP Takes Action to Strengthen Capital Structure for the Future, Entering into Restructuring Support Agreement with Ad Hoc Lender Group

      Internap Corporation ("INAP" or "the Company") (NASDAQ: INAP) today announced definitive steps through which it expects to significantly reduce debt and extend maturities, equipping INAP to generate the cash flows needed to grow the business and reinvest in its products and customers. To support this strengthening of its capital structure, INAP entered into a Restructuring Support Agreement (the "RSA") with an ad hoc lender group (the "Ad Hoc Lender Group") holding approximately 77% of its outstanding term loans. With support of the Ad Hoc Lender Group, INAP and each of its U.S. subsidiaries filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.