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Pegasus Communications Continues To Lose Ground

(RealTimeTraders.com) - Pegasus Communications (PGTV) reported a second quarter EPS loss of $8.01 after the bell on Tuesday, which worsened from a loss of $6.44 reported last year. The stock is currently trading lower by 1.30 on 7K shares Wednesday morning on Instinet.

Pegasus Communications moved gradually to the downside in the first half of Tuesday's session and closed lower by 1.05 at $22.05 on above average volume. The stock has fallen sharply to the downside in the last 2 sessions and closed at a 15-week low.

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