Altice USA's stock jumps toward 2-year high after CEO says he's 'absolutely open' to talks to be bought out [MarketWatch]
Altice USA, Inc. Class A (ATUS)
Last altice usa, inc. class a earnings: 2/12 04:05 pm
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Source: MarketWatch
Altice USA's stock jumps toward 2-year high after CEO says he's 'absolutely open' to talks to be bought out Shares Altice USA Inc. ATUS, +1.46% rose 1.2% toward a 2-year high in midday trading Wednesday, after the cable, internet and phone services company's chief executive said he was " absolutely open" to discuss a potential acquisition of the company. At the Goldman Sachs Communacopia Conference, CEO Dexter Goei was asked if his merger and acquisition strategy was for Altice being the acquirer or to combine with a larger company: "I think we're open to creating a lot of shareholder value, right," Goei said, according to a FactSet transcript. "So if somebody comes and wants to have a discussion about buying us, we're absolutely open to having that discussion." The stock, on track for the highest close since Sept. 6, 2017, has soared 80.6% year to date, while SPDR Communication Services Select Sector ETF XLC, -0.55% has rallied 23.3% and the S&P 500 SPX, -0.35% has advanced
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ATUS
News
- Altice USA, Inc. (NYSE: ATUS) had its "in-line" rating re-affirmed by analysts at Evercore ISI. They now have a $3.00 price target on the stock.MarketBeat
- VCTI Announces Appointment of Pragash Pillai to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Altice France's Investor Call Spurs Week of Frenzied Bond Trades [Yahoo! Finance]Yahoo! Finance
- Altice France's Investor Call Spurs Week of Frenzied Bond Trades [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Altice France's Investor Call Spurs Week of Frenzied Bond Trades [BNN Bloomberg (Canada)]BNN Bloomberg
ATUS
Earnings
- 2/14/24 - Miss
ATUS
Sec Filings
- 3/20/24 - Form 4
- 3/20/24 - Form 4
- 3/20/24 - Form 4
- ATUS's page on the SEC website