Seeking Alpha

Synacor surges after activists file joint 13D

  • JEC Capital (a well-known activist) and Ratio Capital have jointly filed a 13D in which they declare a 9.8% combined stake in Synacor (SYNC +5.6%), and state they plan to talk with the board about "the ongoing search for a new [CEO], the strategic direction and prospects of the Corporation, and the capital structure of the Corporation."
  • Shares have popped after closing yesterday near a 52-week low of $2.12. The TV Everywhere software provider still trades at a small fraction of its 2012 highs.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: