Sharecare shares are trading higher after it was announced the company will be acquire by an affiliate of Altaris for $1.43 per share in cash.
Portfolio Pulse from Benzinga Newsdesk
Sharecare shares are trading higher following the announcement that the company will be acquired by an affiliate of Altaris for $1.43 per share in cash.
June 21, 2024 | 4:21 pm
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Sharecare shares are trading higher after the announcement of its acquisition by an affiliate of Altaris for $1.43 per share in cash.
The acquisition announcement at a premium price of $1.43 per share is likely to drive Sharecare's stock price higher in the short term as investors react positively to the buyout news.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100