CDW Corporation has been in the news for various reasons, with their valuation and performance generating discussions among investors and analysts. The company has acquired
Mission Cloud Services Inc, a significant US Amazon Web Services Player, indicating expansion into cloud services. Despite this move, some investment companies like
Gateway Investment Advisers LLC and
Argent Capital Management LLC have decreased their holdings. The company's Q3 2024 results have not met market expectations with stocks falling by 21% over the last three months and the company's shares hitting a 52-week low at $170.44. However, the acquisition of
Mission Cloud Services could potentially propel the company's stock growth. Other notable updates include a succession plan for the
Chief Commercial and Operating Officer and updates to bylaws to streamline shareholder processes. The company's engagement with AI and technology has also been highlighted, with CDW's CEO reflecting on customers' exploration of AI possibilities. However, the Q3 earnings have missed estimates with weak hardware demand and customer delays causing a dip in the company's shares.
Cdw Corporation CDW News Analytics from Tue, 27 Feb 2024 08:00:00 GMT to Sat, 18 Jan 2025 14:37:58 GMT -
Rating -6
- Innovation 3
- Information 5
- Rumor -5
