Neutral Tandem falls to 52-week low

Tweet   

Neutral Tandem Inc. (Nasdaq:TNDM) slipped to a 52-week low Monday, dropping more than 11%, even after the Chicago-based telecommunication company announced it had surpassed a 100 billion-minute milestone late last week. The company provides tandem interconnection services to various carriers, including wireless, cable and broadband companies. Shares of Neutral Tandem fell to $15.89 with below-average volume before bouncing back to $16.30. Neutral Tandem’s shares have ranged from $15.89 to $23 during the past year.

For detailed price information and recent news stories on Neutral Tandem Inc., click TNDM.