Chorus (OTCMKTS:CHRYY) Shares Gap Down - Here's Why

Key Points

• Chorus Ltd. (OTCMKTS:CHRYY) experienced a significant gap down in its stock price, opening at $26.57 after closing at $27.50 the previous day.
• The company's shares last traded at $27.00, with a volume of 500 shares exchanging hands.
• Chorus specializes in providing fixed line communications infrastructure services in New Zealand, including phone and broadband for both residential and business customers.

Chorus Ltd. (OTCMKTS:CHRYY - ) gapped down before the market opened on Tuesday . The stock had previously closed at $27.50, but opened at $26.57. Chorus shares last traded at $27.00, with a volume of 500 shares changing hands.

Chorus Trading Down 0.9%

The business's 50-day moving average is $25.18 and its 200-day moving average is $23.89.

About Chorus

Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.

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