- Orange (NYSE:ORAN) does not plan to sell its physical telecoms network, Reuters reports.
- CFO Ramon Fernandez denied news of Orange exploring the sale of its 734,000 kilometers of underground lines and its 15 million telephone poles worth €8 billion to an infrastructure fund.
- Orange recently collaborated with AST SpaceMobile to examine the opportunity for Orange to test the SpaceMobile service in one African country.
- Price Action: ORAN shares traded lower by 0.58% at $11.96 in the premarket on the last check Tuesday.
Goldman Sachs Maintains Buy on Apellis Pharmaceuticals, Lowers Price Target to $86
Goldman Sachs maintains Apellis Pharmaceuticals (NASDAQ:APLS) with a Buy and lowers the price target from $102 to $86.