U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 1% on Tuesday. The Dow traded up 1.04% to 44,431.01 while the NASDAQ rose 1.26% to 21,654.94. The S&P 500 also rose, gaining, 1.03% to 6,439.10.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 1% on Tuesday. The Dow traded up 1.14% to 44,477.20 while the NASDAQ rose 1.28% to 21,659.58. The S&P 500 also rose, gaining, 1.07% to 6,441.40.
Shares of broadband and telecommunications services provider WideOpenWest (NYSE:WOW) jumped 48.3% in the morning session after the company announced it has entered into a definitive agreement to be acquired by DigitalBridge Group, Inc. and Crestview Partners in a deal that will take the company private for an enterprise value of approximately $1.5 billion. Under the terms of the deal, shareholders will receive $5.20 per share in an all-cash transaction. The offer represents a substantial premium of 63% over the company's closing price on August 8, 2025, explaining the stock's significant jump. The acquisition news overshadowed the company's recent financial results for the second quarter, which showed widening losses and declining revenue. The transaction was unanimously approved by WOW!'s Board of Directors and is expected to close by the end of 2025 or in the first quarter of 2026, after which WOW! will become a private company and its shares will no longer be listed on any public exchange.
Intrigued by the market activity in the middle of the day on Tuesday? Uncover the key winners and losers of today's session in our insightful analysis.
Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 9.2% year on year to $144.2 million. Its GAAP loss of $0.22 per share was 18.9% below analysts’ consensus estimates.
Let's have a look at what is happening on the US markets before the opening bell on Tuesday. Below you can find the top gainers and losers in today's pre-market session.
WideOpenWest Inc. shares surged 47.93% in after-hours trading on Monday following the announcement of a $1.5 billion all-cash acquisition by DigitalBridge Group Inc. and Crestview Partners.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Over the past six months, it seems like demand trends are working against their favor as the industry
has tumbled by 5.8%. This performance is a noticeable divergence from the S&P 500’s 5.4% return.
Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 9.2% year on year to $144.2 million. Its GAAP loss of $0.22 per share was 18.9% below analysts’ consensus estimates.
Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) will be announcing earnings results this Monday before market hours. Here’s what to look for.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
A number of stocks fell in the afternoon session after the latest U.S. consumer confidence report revealed underlying weakness despite a headline increase, raising concerns about future spending.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Rapid spending isn’t always a sign of progress.
Some cash-burning businesses fail to convert investments into meaningful competitive advantages, leaving them vulnerable.
