BUZZ-CCC Intelligent falls after secondary offering

Reuters
2025/08/06
BUZZ-<a href="https://laohu8.com/S/CCCS">CCC Intelligent</a> falls after secondary offering

** Shares of CCC Intelligent Solutions CCCS.O, a cloud platform for insurance industry, fall 2.5% to $9.73

** CCCS late Tuesday announced pricing of secondary offering of 30 million shares by buyout firm Advent International

** Advent sold the shares at $9.89 apiece for gross proceeds of $296.7 million

** Offering priced at 0.8% discount to stock's last close

** Goldman Sachs was the book running manager for the offering

** 10 of 13 brokerages rate the stock "buy" or higher, 2 "hold" and 1 "sell"; median PT is $12.50 - data compiled by LSEG

** As of last close, CCCS stock was down 15% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10