CDW Corporation (NASDAQ: CDW) has seen a series of highs, lows, and strategic moves recently. The company hit a new
52-week low, prompting discussions about whether it's time to sell its stock. Meanwhile, questions have been raised about CDW's usage of capital. On the brighter side, it appears the company is managing its debt responsibly. It recently disclosed its
fourth quarter and
full-year 2024 earnings, but the investment sentiment on Wall Street seems unclear. On the strategic front, CDW's noteworthy
acquisition of Mission Cloud Services caught investors' eyes. Several financial entities, such as Daiwa Securities Group and Quantbot Technologies, have shown significant stakes in the firm. The CDW executive team recently engaged with other industry leaders at the Morgan Stanley Technology, Media & Telecom Conference, indicating industry interest in CDW's strategies and performance. However, the stock's performance has been lagging, dropping by 16.3% since the last earnings report. Finally,
CDW authorized a $750 million share repurchase program and declared a
quarterly cash dividend of $0.625 per share, indicating efforts to return capital to shareholders.
Cdw Corporation CDW News Analytics from Tue, 04 Jun 2024 07:00:00 GMT to Sun, 16 Mar 2025 00:54:05 GMT -
Rating -2
- Innovation 0
- Information 5
- Rumor -4
