|Day Low/High||3.94 / 4.00|
|52 Wk Low/High||2.38 / 5.87|
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Nasdaq Cybersecurity ETF where we have detected an approximate $64.3 million dollar inflow -- that's a 30.7% increase week over week in outstanding units (from 9,950,002 to 13,000,000). Among the largest underlying components of CIBR, in trading today Intelsat SA is off about 1.4%, Palo Alto Networks, Inc is off about 0.1%, and Akamai Technologies Inc is lower by about 0.2%.
Intelsat (NYSE: I), operator of the world's first Globalized Network and leader in integrated satellite communications, today announced the opening of a new sales office in Nairobi, Kenya.
After bondholders scuttle an Intelsat merger, Softbank-backed OneWeb reexamines its strategy.
Negotiations between Intelsat and its creditors came to a close on Wednesday.
The debt swap offer takes place against the backdrop of Intelsat's plan to acquire OneWeb.