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))
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