MARKET WIRE NEWS

Why TaskUs Stock Soared on Friday

Source: Motley Fool

2025-05-09 13:36:20 ET

Digital services provider TaskUs (NASDAQ: TASK) had a busy day on Friday. The company, which provides customer support and business process operations to other businesses, reported first-quarter earnings in the early morning -- and that wasn't the biggest news of the day. TaskUs is also going private in a deal financed by its co-founders and banking powerhouse Blackstone (NYSE: BX) .

The stock had gained 18.2% overnight as of 12:45 p.m. ET, trending higher across the morning session.

Image source: Getty Images.

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TaskUs Inc.

NASDAQ: TASK

TASK Trading

4.37% G/L:

$6.69 Last:

179,441 Volume:

$6.47 Open:

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TASK Stock Data

$966,564,368
42,134,611
0.11%
32
N/A
Software & IT Services
Technology
US
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