UK 19:11 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most recently writing on company describing itself as “distributed denial of service protection specialists” Corero Network Security (CNS), in April with the shares down to 16p I questioned its emphasised swing to profit and concluded the valuation still meant my stance was avoid/sell. There’s today from the company a “Half Year Trading Update” headlined “Strong ARR growth of 25%, reflecting continued momentum towards SaaS model. Shift in revenue mix with higher DDPaaS sales supports long-term revenue predictability and customer retention rates”. So what about a current heading towards 9p share price in response, down more than 35% on the day?!
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