HAPPY SATURDAY STOCK FANS-!
I NOW I GAVE OUT RIVIAN AS THE STOCK OF THE WEEK. BUT THAT WAS ON THURSDAY WHEN I THOUGHT THURS WAS FRIDAY & WE BOUGHT FRIDAY SO....
I CAN SQUEEZE IN ANOTHER NAME. IT'S A DEAD LETTER STOCK I OWN FROM A THREAD AGO A NAME THAT NEVER WORKED FOR ME TOO MUCH CCCS.
THIS IS THE AI STOCK THAT WORKS WITH CAR INSURANCE COMPANIES WE BOUGHT IN OUR AI BASKET AND REALLY IT DID NOT DO MUCH AT AL. A REAL STINKER $10----- ALL THE WAY TO $11.50 WOW! This is while NVDA doubled.
I HAVE IT ONLY IN ONE ACCOUNT. MONDAY I'LL BE LOOKING TO EXPAND OWNERSHIP AS THIS NEWS HAS DROPPED:
NORMALLY A POSSIBILITY OF MORE SHARES MIGHT BE A NEGATIVE... LIKE WHEN SOFTBANK LETS LOOS MORE ARM SHARES.. OR IS THAT ALIBABA BUT.. THE FACT THAT THE STOCK IS SO DEPRESSED MIGHT BE A TRIGGER FOR A BRIEF RUN UP> BUT WAIT--- The way I read this press release the sale might go private? This is not just bringing shares to market-- this is selling other shares.. Tricky... but profitable if they can pull it off.
Exclusive: Advent explores sale of car insurance software vendor CCC
September 15, 20237:12 PM EDTUpdated 11 hours ago
Sept 15 (Reuters) - Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc(CCCS.O), a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday.
Investment bank Morgan Stanley(MS.N)is advising CCC on its talks with potential acquirers, which include other buyout firms, the sources said, adding that no deal is certain.
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CCC representatives did not immediately respond to a request for comment, while Advent, which holds a 56% stake in the company, declined to comment. Morgan Stanley did not immediately respond to a request for comment.
CCC shares jumped on the news in afterhours trading in New York on Friday, rising 8.6% to $12.50.
Founded in 1980, CCC provides software to 35,0000 companies involved in automotive claims and collision repair, including insurance firms, parts suppliers and car manufacturers.
I NOW I GAVE OUT RIVIAN AS THE STOCK OF THE WEEK. BUT THAT WAS ON THURSDAY WHEN I THOUGHT THURS WAS FRIDAY & WE BOUGHT FRIDAY SO....
I CAN SQUEEZE IN ANOTHER NAME. IT'S A DEAD LETTER STOCK I OWN FROM A THREAD AGO A NAME THAT NEVER WORKED FOR ME TOO MUCH CCCS.
THIS IS THE AI STOCK THAT WORKS WITH CAR INSURANCE COMPANIES WE BOUGHT IN OUR AI BASKET AND REALLY IT DID NOT DO MUCH AT AL. A REAL STINKER $10----- ALL THE WAY TO $11.50 WOW! This is while NVDA doubled.
I HAVE IT ONLY IN ONE ACCOUNT. MONDAY I'LL BE LOOKING TO EXPAND OWNERSHIP AS THIS NEWS HAS DROPPED:
NORMALLY A POSSIBILITY OF MORE SHARES MIGHT BE A NEGATIVE... LIKE WHEN SOFTBANK LETS LOOS MORE ARM SHARES.. OR IS THAT ALIBABA BUT.. THE FACT THAT THE STOCK IS SO DEPRESSED MIGHT BE A TRIGGER FOR A BRIEF RUN UP> BUT WAIT--- The way I read this press release the sale might go private? This is not just bringing shares to market-- this is selling other shares.. Tricky... but profitable if they can pull it off.
Exclusive: Advent explores sale of car insurance software vendor CCC
September 15, 20237:12 PM EDTUpdated 11 hours ago
Sept 15 (Reuters) - Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc(CCCS.O), a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday.
Investment bank Morgan Stanley(MS.N)is advising CCC on its talks with potential acquirers, which include other buyout firms, the sources said, adding that no deal is certain.
Advertisement · Scroll to continue
CCC representatives did not immediately respond to a request for comment, while Advent, which holds a 56% stake in the company, declined to comment. Morgan Stanley did not immediately respond to a request for comment.
CCC shares jumped on the news in afterhours trading in New York on Friday, rising 8.6% to $12.50.
Founded in 1980, CCC provides software to 35,0000 companies involved in automotive claims and collision repair, including insurance firms, parts suppliers and car manufacturers.