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RMNI - Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks
March, 20 2024 08:16 AM
Rimini Street Inc.
2024-03-20 08:16:14 ET
Summary Rimini Street is facing legal challenges from Oracle, but the stock is still undervalued with a potential upside of 34% to 125%. Rimini Street provides non-proprietary software support at lower prices than Oracle and SAP, attracting smaller companies. The injunction primarily affects a small portion of Rimini's revenue (8%), and the reputational risk is limited due to its competitive pricing. ...
For further details see:
Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks
Stock Information
Company Name:
Rimini Street Inc.
Stock Symbol:
RMNI
Market:
NASDAQ
Website:
riministreet.com
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