Highlights in the market dynamics of
CDW Corporation (NASDAQ:CDW) include various asset management firms adjusting their positions in CDW stocks, indicative of a mixed sentiment in the market.
QRG Capital Management Inc and
Clio Asset Management LLC have sold CDW shares while new investments have been made by firms such as
Clarius Group LLC and
SG Americas Securities LLC. CDW has been named the official IT Equipment Services and Solutions Provider for
LA28 Olympic and Paralympic Games and
Team USA. In Q1, CDW surpassed targets due to
strong PC sales and was forecasted to experience strong sales growth amid economic uncertainty. CDW has approved a
$750 million share repurchase program reflecting a commitment to returning capital to shareholders. It has completed the acquisition of
Mission Cloud Services Inc., representing a significant stride to strengthen its cloud offerings. Surprisingly, despite CDW's strong Q1 earnings, the stock experienced a price dip of
11% in one week following global tariff announcements. The corporation’s Q1 2025 earnings report beat expectations, but it reported lower annual sales as IT customers cut back.
Cdw Corporation CDW News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Sat, 21 Jun 2025 21:29:02 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -2
