Your email has been successfully added to our mailing list.

×
0.00246837395865468 0.00370256093798203 -0.00200555384140712 -0.000925640234495561 -0.0111076828139463 -0.00740512187596427 -0.0277692070348658 -0.0357914224004938
Stock impact report

Spruce Point Capital Management Releases A Strong Sell Research Opinion On Premier, Inc. (Nas: PINC)

Premier, Inc. - Class A (PINC) 
Last premier, inc. - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: PR Newswire
NEW YORK, Sept. 25, 2019 /PRNewswire/ -- Report entitled "A Premier Short" outlines how Premier, Inc. faces 55-75% downside risk to approximately $8 to $15 per share. The report explores the potential devastating financial impact to Premier of two upcoming contract renewal periods where Spruce Point believes common sense and basic stewardship will dictate that member owners will significantly renegotiate their shareback rates to market levels now that their equity in Premier is fully vested.-  Unique Pre-IPO Restructuring Skews Company Economics: Premier was mutually owned by its member owner hospitals prior to its 2013 IPO. To free up cash for Premier to invest in ancillary services, these hospitals agreed to accept sharebacks of 30% – less than half the market rate of 60-75% – in exchange for equity in Premier and modest tax-related distributions. These agreements were structured to last only five or seven years. While most member owners signed to five-year deals renewed their agree Show less Read more
Impact Snapshot
Event Time:
PINC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PINC alerts
Opt-in for
PINC alerts

from News Quantified
Opt-in for
PINC alerts

from News Quantified