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Teradata +4.7% on M&A speculation

Jun. 10, 2020 11:14 AM ETTeradata Corporation (TDC)TDCBy: Brandy Betz, SA News Editor4 Comments
  • Teradata (NYSE:TDC) shares gain 4.7% after Reorg M&A says the company could attract PE interest due to the cloud shift, which has increased the company's margins.
  • Yesterday, Bloomberg reported that TDC competitor Cloudera was engaged in acquisition talks with several interested parties, including PE firms.
  • Source: Bloomberg.

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Comments (4)

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optomos profile picture
This was a spin-off from NCR and I didn't pay anything for the shares. They actually have a very good and highly rated product. There is still a lot of hesitance from companies to move to the cloud and relinquish control of their data.
Two negative
Old Professor profile picture
Eight years ago, a share of this listless company fetched $80 and change. Today's news got its share price out of the teens and over $20. Either fix the Teradata or kill it. No one likes a zombie company, neither alive nor dead.
It hasn't been in the teens for over a month.
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