Exodus Shakes Off Debt Rating Cut

By TSC Staff ,

Web hosting company Exodus (EXDS) was up 5.6%, shaking off a debt rating cut by Moody's Investor's Service.

Moody's downgraded Exodus' senior unsecured debt to Caa1 from B3.

The stock's climb continues a rise over the last few sessions from a 52-week low Thursday of $1.18. The stock closed at $8.10 on June 5.

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