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Tech Industry

Short Take: Amerindo cuts PSINet investment

Amerindo Investment Group and its affiliates sold 413,500 shares of PSINet stock, bringing their stake in the company from 11.0 percent to 9.7 percent of common shares outstanding, according to a Bloomberg report. The stocks sold at $10.29 to $13.75 per share between December 3rd and December 20.

Amerindo Investment Group and its affiliates sold 413,500 shares of PSINet stock, bringing their stake in the company from 11.0 percent to 9.7 percent of common shares outstanding, according to a Bloomberg report. The stocks sold at $10.29 to $13.75 per share between December 3rd and December 20.