Inteliquent (IQNT -10%) says its COO and CFO are both resigning; the telecom firm offers no...

|By:, SA News Editor

Inteliquent (IQNT -10%) says its COO and CFO are both resigning; the telecom firm offers no explanation. Raymond James downgrades the stock following the news, believing the management change "signals a continued difficult path for the company, and we see the stock underperforming its peers from current levels."