Dayforce (DAY), a thriving HR software firm, showcases remarkable resilience in the volatile ecosystem. Recent
Q2 earnings firmly pit it against the other industry titans. A noteworthy climb of 31% followed the announcement of a $12.3-Billion merger with
Thoma Bravo. DAY continues its gain-streak, elaborating a 6.3% return. DAY has been named the official human resources service provider by the
Kansas City Chiefs. Legal attentions were directed towards DAY with investigations into the sufficiency of a proposed stockholder buyout to the tune of $70.00/share. Additional investigations are underway regarding the adequacy of this price and the process of the proposed sale. A hefty $6B debt package pledge by
Goldman Sachs indicates solid backing for the Thoma Bravo's takeover. Investment movements are observed from
HighTower Advisors LLC and
Russell Investments Group Ltd. toward DAY. Upon careful surveillance, a mixed bag of analyst signals and money flows spark caution. Finally, DAY's rating has been lowered to 'Hold' by both Needham & Company LLC and KeyCorp.
Dayforce DAY News Analytics from Thu, 10 Oct 2024 22:00:02 GMT to Fri, 05 Sep 2025 15:06:17 GMT -
Rating 5
- Innovation 5
- Information 7
- Rumor -3
