NII Holdings (NIHD -4.5%) finished lower again today, adding to yesterday's drubbing as JP...

|About: NII Holdings, Inc. (NIHD)|By:, SA News Editor

NII Holdings (NIHD -4.5%) finished lower again today, adding to yesterday's drubbing as JP Morgan cuts the stock to Neutral following its weak Q4 results and poor guidance yesterday. The firm notes: “While we continue to believe in the long-term case for NIHD, we do not see positive catalysts in the short term.” Separately, BofA Merrill Lynch also lowered its rating to Underperform.