Teradata +4.7% on M&A speculation

• 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.

Comments

[optomos]

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.

[Rinaldi]

Two negative

[Old Professor]

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.

[125485266488]

It hasn't been in the teens for over a month.