Uniti Group (UNIT) Climbs 15.8% as 2 Firms Eye Business Assets [Yahoo! Finance]
Uniti Group Inc. (UNIT)
Last uniti group inc. earnings: 3/12 04:05 pm
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Source: Yahoo! Finance
Uniti extended its rally for a third straight day on Tuesday, jumping 15.80 percent to finish at $9.38 apiece, as investor sentiment was bolstered by reports that two technology giants are setting their sights on buying its assets. According to a report by TMT Finance, T-Mobile US and TPG are looking into acquiring Uniti Group Inc.'s (NASDAQ:UNIT) assets, with the former said to be interested in the kinetic fiber-to-the-home business, while the latter is eyeing the enterprise side. Uniti Group (UNIT) Climbs 15.8% as 2 Firms Eye Business Assets Another source privy to the matter said that the two could also partner for an offer of full acquisition of the company. Uniti Group Inc. (NASDAQ:UNIT) has yet to kick off a formal sale process, although it was said to be open to reviewing interests from several parties. Sale aside, the rally also mirrored an overall market optimism, with Wall Street's three major indices soaring by 2 to 3 percent during the day. In other news, Unit
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UNIT
News
- Uniti Fiber Names Heather Orrico to Lead Enterprise SalesGlobeNewswire
- Kinetic named CNET ‘2026 Best Rural Fiber Internet Provider’GlobeNewswire
- Uniti Group (UNIT) had its price target raised by Citigroup Inc. from $8.80 to $9.00. They now have a "neutral" rating on the stock.MarketBeat
- Uniti Group (UNIT) was downgraded by Zacks Research from "hold" to "strong sell".MarketBeat
- Uniti Group (UNIT) had its price target raised by Wells Fargo & Company from $7.00 to $8.00. They now have an "equal weight" rating on the stock.MarketBeat
UNIT
Earnings
- 3/2/26 - Miss
UNIT
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/13/26 - Form 4
- 3/13/26 - Form 144
- UNIT's page on the SEC website