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CNNE News and Press, Cannae Holdings Inc. From 06/29/21

Stock Information

Company Name: Cannae Holdings Inc.
Stock Symbol: CNNE
Market: NYSE
Website: cannaeholdings.com

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CNNE - Cannae Holdings: The SOTP Case Comes Back Around

For much of the time since its 2017 arrival on the public markets, CNNE stock has been a play on both management and 'sum of the parts' valuation. Last year, the fundamental side of the case started to weaken, with the stock converging with a reasonable SOTP valuation. A 22% decli...

CNNE - SPAC Trebia Acquisition gains on deal to take marketing firm System1 public

Parradee Kietsirikul/iStock via Getty Images Bill Foley-backed SPAC Trebia Acquisition (TREB) rose 0.8% in premarket trading on a deal to to take marketing firm System1 public in a deal that will value the company at $1.4B. The transaction includes up to $600M of fully committed financin...

CNNE - Cannae Holdings, Inc. Announces Termination of Previously Announced $75 Million Forward Purchase Agreement and New Equity Backstop Commitment of Up to $200 Million in Trebia Acquisition Corp. and System1 Business Combination

~Trebia Acquisition Corp. to Combine with System1, a Leading Omnichannel Customer Acquisition Platform~ ~William P. Foley, II to Join the Newly Combined Company’s Board of Directors~ Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Comp...

CNNE - System1, a Leading Omnichannel Customer Acquisition Platform, to Become a Publicly Listed Company Through a Business Combination With Trebia Acquisition Corp.

System1, a fast-growing and profitable omnichannel customer acquisition platform, will be valued at $1.4 billion in connection with the transaction. The growth capital provided by the transaction will accelerate System1’s leading position as a privacy-centric digital market...

CNNE - Cannae Holdings Inc.: The Losing Streak Continues (CNNE)

Shares of Cannae Holdings Inc. (NYSE:CNNE) traded at a new 52-week low today of $33.04. This new low was reached on below average trading volume as 140,000 shares traded hands, while the average 30-day volume is approximately 567,000 shares. In the past 52 weeks, Cannae Holdings Inc. sha...

CNNE - Cannae Holdings Inc.: New 52-Week Low Set Today (CNNE)

Shares of Cannae Holdings Inc. (NYSE:CNNE) traded today at $33.35, breaking its 52-week low. So far today approximately 66,000 shares have been exchanged, as compared to an average 30-day volume of 568,000 shares. Cannae Holdings Inc is a holding company that manages and operates a group...

CNNE - 2 Stocks With Tremendous Long-Term Potential

Every week on Industry Focus: Financials , host Jason Moser and Fool.com contributor Matt Frankel, CFP, each mention one stock they're watching. In this Fool Live video clip, recorded on June 7 , hear why the pair are very interested in potential home-run stocks Latch (NAS...

CNNE - Is Cannae Holdings the Next Baby Berkshire?

AMC Entertainment (NYSE: AMC) pops 15% on news of a stock sale and Cloudera (NYSE: CLDR) gets 4.7 billion reasons to go private. On this episode of MarketFoolery , Jason Moser analyzes those stories and weighs in on whether Cannae Holdings (NYSE: CNNE) is the...

CNNE - Cannae Holdings, Inc. Announces Foley Trasimene Acquisition Corp. Special Meeting Date to Approve Proposed Business Combination with Alight Solutions

Special Meeting of Foley Trasimene Stockholders Scheduled for June 30, 2021 Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae”) today announced that Foley Trasimene Acquisition Corp. (NYSE: WPF, WPF WS) (“FTAC” or “Foley Trasimene”), a spec...

CNNE - 20 Short Ideas With Super-Weak Momentum

Often, weak stocks going into a market correction or bear move will decline faster than the main indexes. I have listed 20 stocks/ETFs out of a 4000+ sort universe experiencing a rush of selling since March. Aggressive selling on up and down days, with clear relative price weaknes...

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