Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of business-class broadband service provider PAETEC Holding
So what: PAETEC's first-quarter sales came in slightly above analyst estimates, and its net loss was $0.01 per share smaller than expected. The company also announced plans to open a sixth major data center by the end of 2011, this time in McLean, Va.
Now what: It's a nice pop, but only enough to bring PAETEC back to where it was a month ago. Like oblique rivals Level 3 Communications
Interested in more info on PAETEC Holding? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.