View, Inc. shares are trading lower after the company reached a real with Cantor Fitzgerald and RXR to become a private company.
Portfolio Pulse from Benzinga Newsdesk
View, Inc. shares are trading lower following the announcement of a deal with Cantor Fitzgerald and RXR for the company to go private.
April 02, 2024 | 8:49 pm
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NEGATIVE IMPACT
View, Inc.'s stock price is trading lower after the company announced a deal to go private with Cantor Fitzgerald and RXR.
The announcement of View, Inc. going private typically leads to a decrease in stock price as it indicates the company will be delisted from public exchanges, reducing liquidity and accessibility for investors. This news directly impacts VIEW's stock, leading to a negative short-term price direction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100