Somewhat Favorable News Coverage Somewhat Unlikely to Affect Switch (SWCH) Share Price

News headlines about Switch (NASDAQ:SWCH) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Switch earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2803006393105 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Switch (SWCH) traded down 1.95% during trading on Thursday, hitting $18.62. The stock had a trading volume of 635,719 shares. The company’s market cap is $581.88 million. The firm’s 50-day moving average price is $19.38 and its 200-day moving average price is $19.38. Switch has a 52-week low of $18.51 and a 52-week high of $24.90.

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In related news, insider Erin Thomas Morton purchased 300,000 shares of Switch stock in a transaction dated Wednesday, October 11th. The stock was bought at an average cost of $17.00 per share, with a total value of $5,100,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Switch Company Profile

Switch, Inc is a technology infrastructure company. The Company is developer and operator of the SUPERNAP, data center facilities, and provides colocation, telecommunications, cloud services, and content ecosystems. The Company designs, constructs and operates hyperscale data centers that address the growing challenges facing the data center industry.

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