When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CATM - Cardtronics: Minimal Upside Remains As Bidding War Moves Forward
Cardtronics plc
A recent bidding war for the stock has pushed the price from under $30 to above $40 in a short period of time.
The pandemic has impacted cash usage and it appears consumers are more hesitant to use cash going forward, placing an increased headwind on the cash industry.
Current valuation is already above historical levels as the bidding war continues, though downside risk remains high if the deal falls apart.