
Zacks Research has downgraded WidePoint (NYSEAMERICAN:WYY) from a "strong-buy" to a "hold" rating after the technology company's latest earnings report missed expectations. The stock opened down 18.7% at $9.45, with quarterly EPS of $0.01 against an estimated $0.04 and revenue of $38.0 million compared to a projected $41.83 million. Insider selling of 82,745 shares worth $1.36 million also occurred over the past 90 days.
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