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The Best And Worst Channel Company Stocks In The First Half Of 2019

Twenty of the 27 publicly held channel companies on our watch list saw the price of their stock increase in the first half of 2019 – many by hefty double-digit amounts and one that nearly doubled its stock price. Take a look at which company's stock increased the most.

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Consolidated Communications

CEO: Bob Udell

Dec. 31, 2018 Close: $9.88

June 28, 2019 Close: $4.93

Change: -50.10%

For the first half of 2019, Consolidated Communications reported revenue of $672.2 million, down nearly 5 percent from $706.3 million in the first six months of 2018. The company reported a $14.7 million net loss for the six-month period compared to a $21.9 million loss one year earlier.

Consolidated Communications is No. 39 on the CRN Solution Provider 500.

 
 
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