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Short Take: Concentric Network to split 2-for-1

The board of directors for Concentric Network, a network services firm and a leading reseller of digital subscriber lines, has approved a two-for-one common stock split, effective April 30. Stock in the company was trading above 52-week high levels following the announcement. Shares have traded as high as 71.875 and as low as 14.25 in the past year.

    The board of directors for Concentric Network, a network services firm and a leading reseller of digital subscriber lines, has approved a two-for-one common stock split, effective April 30. Stock in the company was trading above 52-week high levels following the announcement. Shares have traded as high as 71.875 and as low as 14.25 in the past year.