Chindata shares are trading higher after the company announced the formation of a special committee to evaluate the recent non-binding proposal.
Portfolio Pulse from Benzinga Newsdesk
Chindata shares are trading higher after the company announced the formation of a special committee to evaluate the recent non-binding proposal.
June 08, 2023 | 2:40 pm
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Chindata shares are trading higher due to the formation of a special committee to evaluate a recent non-binding proposal.
The formation of a special committee to evaluate the non-binding proposal indicates that the company is taking the proposal seriously. This has led to an increase in Chindata's share price as investors perceive this as a positive development.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100