Zeta Global's downsized IPO priced at low end of expected range [MarketWatch]
Zeta Global Holdings Corp. Class A (ZETA)
Company Research
Source: MarketWatch
Zeta Global Holdings Corp. is set to go public Thursday, after the cloud-based marketing technology company's downsized initial public offering priced overnight, valuing the New York-based company at about $1.9 billion. The total offering of the IPO was 21.5 million shares, as the company sold 14.77 million shares and selling shareholders sold 6.73 million shares, compared with a previous filing in which the company was offering 15.62 million shares and selling shareholders were offering 7.11 million shares. The IPO priced at $10 a share, compared with expectations of between $10 and $12 a share, as the company raised $147.7 million. The stock is expected to start trading on the NYSE under the ticker symbol "ZETA." Morgan Stanley, BofA Securities, Credit Suisse and Barclays are the lead underwriters. The company recorded a loss of $53.2 million on revenue of $368.1 million in 2020, after a loss of $38.5 million on revenue of $306.1 million in 2019. The company is going public at a tim
Show less
Read more
Impact Snapshot
Event Time:
ZETA
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
ZETA 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
ZETA alerts
High impacting Zeta Global Holdings Corp. Class A news events
Weekly update
A roundup of the hottest topics
ZETA
News
- Zeta Global Holdings First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Zeta Global Holdings Corp (ZETA) (Q1 2024) Earnings Call Transcript Highlights: Strong Growth ... [Yahoo! Finance Canada]Yahoo! Finance Canada
- Zeta Global Holdings Corp. (NASDAQ: ZETA) had its price target raised by analysts at Morgan Stanley from $17.00 to $18.00. They now have an "overweight" rating on the stock.MarketBeat
- Zeta Global Holdings Corp. (NASDAQ: ZETA) had its price target raised by analysts at B. Riley from $15.50 to $18.50. They now have a "buy" rating on the stock.MarketBeat
- Zeta Global Holdings Corp. (NASDAQ: ZETA) had its price target raised by analysts at Barclays PLC from $15.00 to $18.00. They now have an "overweight" rating on the stock.MarketBeat
ZETA
Earnings
- 5/6/24 - Beat
ZETA
Sec Filings
- 5/10/24 - Form 144
- 5/7/24 - Form 10-Q
- 5/6/24 - Form 8-K
- ZETA's page on the SEC website