EngageSmart shares are trading higher following a report suggesting the private equity firm, General Atlantic, is exploring a sale of the company.
Portfolio Pulse from Benzinga Newsdesk
Private equity firm General Atlantic is reportedly exploring a sale of EngageSmart, leading to a rise in the company's shares.
October 05, 2023 | 4:40 pm
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POSITIVE IMPACT
EngageSmart's shares are trading higher following reports of a potential sale by General Atlantic.
The news of a potential sale by General Atlantic has led to increased investor interest in EngageSmart, causing a rise in the company's share price. This is likely to have a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100