Jana Partners urges Zendesk to scrap takeover deal for SurveyMonkey parent [Financial Post (Toronto, Ontario, Canada)]
Zendesk, Inc. (ZEN)
Last zendesk, inc. earnings: 4/30 04:16 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.zendesk.com/ir-home/default.aspx
Company Research
Source: Financial Post
Zendesk agreed in late October to buy Momentive in an all-stock deal, which at the time was valued at nearly $4 billion. Best Amazon Cyber Monday deals in Canada Advertisement Jana urged Zendesk's board to terminate the acquisition now rather than wait months for a shareholder vote to clear the deal that appeared likely to fail. “We believe Zendesk is highly undervalued and has far more attractive opportunities to create shareholder value than by acquiring Momentive,” Jana said in a letter https://www.janapartners.com/zendesk sent to the software firm's board. Advertisement Article content Jana did not disclose the size of its stake in Zendesk, but said it was a significant shareholder. Zendesk and Momentive did not respond to Reuters' requests for comment. Jana has built a reputation for working collaboratively and behind the scenes with target companies since Barry Rosenstein founded the firm two decades ago. Zendesk shares were up 7.2% in afternoon trading, whi
Show less
Read more
Impact Snapshot
Event Time:
ZEN
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZEN alerts
High impacting Zendesk, Inc. news events
Weekly update
A roundup of the hottest topics