CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks (Broadband), Home Networks (Home), Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN).The Broadband segment provides a converged cable access platform, passive optical networking products, video systems, access technologies, fiber and coaxial cables, fiber and copper connectivity products, and hardened closures to the telco and cable provider broadband market. The Home segment offers subscriber-based solutions that support broadband and video applications; devices that provide residential connectivity to a service provider's network, such as digital subscriber line, cable modems, and telephony and data gateways that incorporate routing and Wi-Fi functionality; and set-top boxes that support cable, satellite, and Internet protocol television content delivery, which include digital video recorders, high definition set-top boxes, and hybrid set-top devices. The OWN segment provides base station antennas, RF filters, tower connectivity, microwave antennas, metro cell products, cabinets, steel, accessories, spectrum access system, and Comsearch products to the macro and metro cell markets. The VCN segment products include Wi-Fi and switching, distributed antenna systems, licensed and unlicensed small cells, enterprise fiber, and copper infrastructures for campuses, venues, data centers, and buildings. It serves in the United States, Europe, the Middle East, Africa, the Asia Pacific, Caribbean and Latin America, and Canada through specialized resellers and distributors, satellite video distributors, and system integrators, as well as directly to customers. The company was formerly known as Cedar I Holding Company, Inc. and changed its name to CommScope Holding Company, Inc. in January 2011. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.
IPO Year: 2013
Exchange: NASDAQ
Website: commscope.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/4/2024 | Neutral → Underweight | JP Morgan | |
| 3/1/2024 | Outperform → Market Perform | Northland Capital | |
| 1/22/2024 | $2.00 | Neutral → Underperform | BofA Securities |
| 11/16/2023 | Underperform → Mkt Perform | Raymond James | |
| 11/10/2023 | $2.25 → $1.75 | Buy → Neutral | BofA Securities |
| 7/24/2023 | $11.00 → $5.09 | Outperform → Neutral | Credit Suisse |
| 7/18/2023 | $8.00 → $6.00 | Buy → Hold | Deutsche Bank |
| 5/5/2023 | $7.00 | Market Perform → Outperform | Northland Capital |
| 4/17/2023 | $15.00 → $5.50 | Buy → Hold | Jefferies |
| 1/12/2023 | $8.00 → $15.00 | Underperform → Buy | BofA Securities |
Third Quarter Highlights Net sales of $1.08 billion GAAP loss from continuing operations of $(96.7) million Non-GAAP adjusted EBITDA of $204.2 million (1) Core non-GAAP adjusted EBITDA of $220.4 million* (1) Cash flow generated by operations of $122.2 million and free cash flow of $115.5 million (1) (2) * Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS) excluding Distributed Antenna Systems (DAS), and Access Network Solutions (ANS) segments, in the aggregate, and exclude general corporate costs that were previously allocated to the Outdoor Wireless Networks (OWN) segment, DAS
CommScope all-digital ERA DAS to support seamless 5G mobile connectivity at the Cavaliers' home arena CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today that it has partnered with the Cleveland Cavaliers to provide 5G connectivity at Rocket Mortgage FieldHouse. The advanced mobile network is designed to provide Cavaliers' fans with the ultimate connected entertainment experience. It will feature CommScope's all-digital in-building wireless antenna system—ERA® DAS (distributed antenna system)—as the backbone for 5G mobile connectivity across the 152,979 square foot arena. This press release features multimedia. View the full release here: https://www.businessw
Amphenol Corporation (NYSE:APH) announced today the pricing of its offering of $250 million aggregate principal amount of senior notes due 2027 (the "Additional 2027 Notes"), $750 million aggregate principal amount of senior notes due 2035 (the "2035 Notes") and $500 million aggregate principal amount of senior notes due 2054 (the "2054 Notes", and together with the Additional 2027 Notes and 2035 Notes, the "Notes"). The Additional 2027 Notes will have an interest rate of 5.050% per annum, the 2035 Notes will have an interest rate of 5.000% per annum, and the 2054 Notes will have an interest rate of 5.375% per annum. The Additional 2027 Notes constitute a further issuance of the Company's 5
RUCKUS Wi-Fi 7 Solution with AFC Technology Delivers Faster, More Reliable Connectivity CommScope (NASDAQ:COMM), a global leader in network connectivity, announces RUCKUS Networks has designed and deployed an AI-driven Wi-Fi 7 solution for the Circuit of The Americas™ (COTA) racetrack outside Austin, Texas. With this deployment, Circuit of The Americas becomes the first racetrack to have AI-Driven Wi-Fi 7 with Automated Frequency Coordination (AFC) technology, which minimizes interference and improves network performance. Additionally, it is the first to use outdoor 6 GHz at Standard Power. The Wi-Fi 7 upgrade covers all areas of the site, including fan areas, critical race operations, me
GigaSHIELD platform builds on SYSTIMAX 2.0 portfolio with F/UTP, F/FTP and S/FTP cabling, MiNo shielded patch cords, MGS600S jacks, InstaPATCH integration, and preloaded panels supporting imVision and VisiPORT solutions CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today the SYSTIMAX® GigaSHIELD™ X10D end-to-end Cat 6A shielded platform for supporting the next generation of high-speed copper networks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241022902684/en/CommScope GigaSHIELD Panel (Photo: Business Wire) "Certain application fields are rapidly evolving to demand high-performance shielded net
RUCKUS Edge extends the AI-driven RUCKUS One cloud platform to the edge—enabling centralized control and performance management for networking, security, productivity and purpose-driven industry vertical services deployed at the edge CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today the launch of its RUCKUS Edge™ cloud-managed edge platform for service delivery. Built on the AI-driven RUCKUS One® network assurance and business intelligence platform—the RUCKUS Edge platform extends the cloud-based RUCKUS One platform to the edge of the network to enable the rapid deployment and simplified management of a variety of services and applications. The RUCKUS Edge
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its third quarter 2024 financial results on Thursday, November 7th , before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wirele
All-in-One Cabinet and 36-fiber flat cable simplify deployments, reduce costs CommScope (NASDAQ:COMM), a global leader in network connectivity, is highlighting two new solutions that optimize rural deployments. Building on a 40-year history of continuous innovation, CommScope's new All-in-One (AIO) Cabinet and 36-fiber count flat cable uniquely optimizes rural fiber deployments by delivering higher capacity, simpler deployment and maintenance, and lower infrastructure and permitting costs. The AIO Cabinet and the 36-fiber flat drop cable both won Four Diamond awards in the 2024 Lightwave+BTR Diamond Technology Reviews program. This awards program recognizes the top cable industry products
First live deployment of CommScope's Full Duplex (FDX) DOCSIS Amplifier and Remote PHY Device Node in Comcast network Milestone achievement is the result of multi-year joint development efforts of industry-leading new technology Comcast and CommScope announced today that for the first time CommScope's® Full Duplex (FDX) DOCSIS® amplifier is now live serving customers in Comcast's network. With the deployment of FDX amplifiers, Comcast will be able to seamlessly deliver multi-gig symmetrical services along with enhanced reliability, security and performance, to customers served by the vast majority of its current network architecture. "At SCTE Expo last year we were excited to announce th
AFL will provide global second sourcing for Prodigy connectors—powering simpler, more sustainable FTTH deployments worldwide CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today that it has licensed fiber optic solution leader AFL to manufacture CommScope Prodigy® universal fiber-to-the-home (FTTH) hardened connectivity solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240918210479/en/ Together, AFL and CommScope are addressing the growing needs of global FTTH installations, including business-as-usual and government-subsidized projects. The Prodigy line of connectivity solutions leverages re
Third Quarter Highlights Net sales of $1.08 billion GAAP loss from continuing operations of $(96.7) million Non-GAAP adjusted EBITDA of $204.2 million (1) Core non-GAAP adjusted EBITDA of $220.4 million* (1) Cash flow generated by operations of $122.2 million and free cash flow of $115.5 million (1) (2) * Core financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS) excluding Distributed Antenna Systems (DAS), and Access Network Solutions (ANS) segments, in the aggregate, and exclude general corporate costs that were previously allocated to the Outdoor Wireless Networks (OWN) segment, DAS
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its third quarter 2024 financial results on Thursday, November 7th , before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wirele
Second Quarter Highlights Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $74.8 million Consolidated non-GAAP adjusted EBITDA of $302.1 million (1) Core non-GAAP adjusted EBITDA of $201.1 million* (1) Cash flow generated by operations of $50.8 million and non-GAAP adjusted free cash flow of $68.7 million (1) * Core financial measures exclude the results and performance of the Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of the Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjust
Preliminary Second Quarter Results Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $75 million Consolidated non-GAAP adjusted EBITDA of $302 million(1) Core non-GAAP adjusted EBITDA of $201 million*(1) * Core financial measures exclude the results and performance of our Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of our Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjusted EBITDA. See "Core Measures" below. (1) See "Non-GAAP Financial Measures" and "Reconciliation of GAAP Measu
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its second quarter 2024 financial results on Thursday, August 8, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wirele
First Quarter Highlights Net sales of $1.168 billion GAAP loss from continuing operations of $(262.1) million Non-GAAP adjusted EBITDA of $153.0 million Cash flow used in operations of $(177.7) million and non-GAAP adjusted free cash flow of $(154.1) million CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in network connectivity solutions, today reported results for the quarter ended March 31, 2024. Summary of Consolidated Results Q1 Q1 % Change 2024 2023 YOY (in millions, exc
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its first quarter 2024 financial results on Thursday, May 9, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced wired and wireless n
Fourth Quarter Highlights Net sales of $1.186 billion GAAP loss from continuing operations of $339.0 million, including asset impairments of $145.4 million Non-GAAP adjusted EBITDA of $190.7 million Core segment adjusted EBITDA of $198.9 million* Cash flow generated by operations of $60.4 million and non-GAAP adjusted free cash flow of $91.5 million Full Year Highlights Net sales of $5.789 billion GAAP loss from continuing operations of $851.3 million, including asset impairments of $571.4 million Non-GAAP adjusted EBITDA of $999.0 million Core segment adjusted EBITDA of $1.022 billion* Cash flow generated by operations of $289.9 million and non-GAAP adjuste
CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its fourth quarter and full year 2023 financial results on Thursday, February 29, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. The live, listen-only audio of the call will be available through a link on the Events and Presentations page of CommScope's Investor Relations website. The webcast replay will be archived on CommScope's website for a limited time following the conference call. About CommScope: CommScope (NASDAQ:COMM) is pushing the boundaries of technology to create the world's most advanced
Third Quarter Highlights Net sales of $1.600 billion Core net sales of $1.350 billion* GAAP net loss of $828.7 million, including asset impairments of $895.1 million Non-GAAP adjusted EBITDA of $248.6 million Core adjusted EBITDA of $245.5 million* Cash flow generated by operations of $138.8 million and non-GAAP adjusted free cash flow of $181.7 million * References to certain supplementary "Core" financial measures reflect the results of the Connectivity and Cable Solutions (CCS), Networking, Intelligent Cellular and Security Solutions (NICS), Outdoor Wireless Networks (OWN) and Access Network Solutions segments (ANS), in the aggregate. Core financial measures exclude
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8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
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8-K - CommScope Holding Company, Inc. (0001517228) (Filer)
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4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
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4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
4 - CommScope Holding Company, Inc. (0001517228) (Issuer)
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The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company's annual meeting of stockholders. CommScope stockholders re-elected Stephen C. Gray, L. William Krause, Joanne M. Maguire, Thomas J. Manning, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates as directors, each for a term ending at the 2025 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2024 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the company's named executive
Press Release Vantiva appoints new Directors and Chairman to Board of Directors following strategic acquisition of CommScope Home Networks Brian Shearer, TPG Angelo Gordon, appointed Chairman of Board of Directors.TPG Angelo Gordon and CommScope Holding Company, Inc. representativesjoin Board of Directors.Barclays Bank Ireland Plc. appointed Board Observer. Paris – February 8th, 2024 – Vantiva (PARIS:VANTI), a global technology leader enabling Network Service Providers (NSPs) to connect consumers around the world, today announced Brian Shearer, Head of European Credit Solutions at Angelo, Gordon & Co., L.P. ("TPG Angelo Gordon"), has been appointed as a Director and Chairman of Vantiv
Howe's extensive experience and expertise in communications industry strengthens company's strategic leadership ATX Networks, a global leader in broadband access and media distribution solutions, announced the appointment of Sandy Howe to the ATX Board of Directors. Howe brings extensive experience and deep knowledge of the global communications industry to the board, where she will provide strategic oversight and guidance to ATX's pursuit of its market objectives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726264548/en/ATX Networks Appoints Sandy Howe to Board of Directors (Photo: Business Wire) "Sandy's exceptional ba
The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company's annual meeting of stockholders. CommScope stockholders re-elected Mary S. Chan, Stephen C. Gray, L. William Krause, Joanne M. Maguire, Thomas J. Manning, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates as directors, each for a term ending at the 2024 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2023 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the company's na
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, announced today that its Board of Directors appointed Christopher D. Wikoff to serve as Executive Vice President, Treasurer and Chief Financial Officer ("CFO") effective April 18, 2023. Mr. Wikoff succeeds John J. Steele, who announced his retirement plans last August. Mr. Wikoff, 48, has over 20 years of finance leadership and business transformation experience with public and private multinational companies. Prior to joining Werner, Mr. Wikoff served as Executive Vice President and Treasurer of West Technology Group, formerly Intrado Corporation, a cloud-based, global technology partner, where he was
The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved five proxy proposals today at the company's annual meeting of stockholders. CommScope stockholders re-elected Mary S. Chan, Stephen C. Gray, L. William Krause, Derrick A. Roman, Charles L. Treadway, Claudius E. Watts IV and Timothy T. Yates as directors, each for a term ending at the 2023 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2022 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the company's named executive officers. In addition, th
Kyle Lorentzen Appointed Chief Financial Officer Justin Coleman Appointed Chief Transformation Officer; Brooke Clark to Assume Additional Responsibility as Lead for Corporate Financial Planning and Analysis Function CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in network connectivity, today announced a number of changes to its finance functions, including the appointment of Kyle Lorentzen, currently senior vice president and chief transformation officer, as executive vice president and chief financial officer, effective November 1, 2021. Mr. Lorentzen succeeds Alex Pease, who is stepping down to assume a senior executive role at another public company, which is expected
CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in network connectivity, today announced that Morgan Kurk is stepping down as chief technology officer and segment leader of Broadband Networks, effective immediately. Tom Cloonan, PhD, currently chief technology officer of the Broadband Networks segment, has been appointed chief technology officer on an interim basis as the Company evaluates its longer-term strategic requirements of the CTO office. Dr. Tom Cloonan, who joined CommScope through the ARRIS acquisition, is an industry veteran with a well-established track record of innovative technology leadership. With his extensive experience and contributions to the evolution o
The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved seven proxy proposals today at the company's annual meeting of stockholders. CommScope stockholders approved an amendment to the Company's amended and restated certificate of incorporation to eliminate the classified structure of the Company's Board of Directors. CommScope stockholders also re-elected Mary S. Chan, Stephen C. Gray, L. William Krause and Derrick A. Roman as directors, each for a term ending at the 2022 annual meeting, and ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2021 fiscal year. The stoc
Justin Choi, Veteran General Counsel with Over 20 Years of Communications Infrastructure Industry Experience, Appointed as Successor CommScope Holding Company, Inc. (NASDAQ:COMM), a global leader in connectivity solutions for communications networks, today announced the retirement of chief legal officer and secretary Burk Wyatt effective June 1, 2021, following more than 25 years of service to the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210415006023/en/Justin Choi joins CommScope as chief legal officer, bringing more than 30 years of corporate legal experience including over 10 years as a general counsel for both
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Thursday. The Dow traded down 1.08% to 40,752.05 while the NASDAQ fell 0.80% to 17,853.34. The S&P 500 also fell, dropping, 0.75% to 5,546.48. Check This Out: Top 3 Health Care Stocks Which Could Rescue Your Portfolio In July Leading and Lagging SectorsEnergy shares jumped by 1.1% on Thursday. In trading on Thursday, health care shares fell by 1.6%. Top Headline Abbott Laboratories (NYSE:ABT) reported better-than-expected earnings for its second quarter on Thursday. The company posted sales of $10.38 billion, up 4%, almost in line with the consensus of $10.37 bil
Shares of Domino’s Pizza, Inc. (NYSE:DPZ) fell sharply during Thursday's session after the company reported mixed quarterly results. The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion. The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known. Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Onconetix, Inc. (NASDAQ:ONCO) climbed 97.6% to $0.2944. On July 15, Oncon
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 200 points on Thursday. The Dow traded down 0.61% to 40,947.68 while the NASDAQ fell 1.22% to 17,776.55. The S&P 500 also fell, dropping, 0.79% to 5,544.08. Check This Out: Top 3 Health Care Stocks Which Could Rescue Your Portfolio In July Leading and Lagging SectorsEnergy shares jumped by 0.7% on Thursday. In trading on Thursday, information technology shares fell by 0.8%. Top Headline U.S. initial jobless claims increased by 10,000 to 243,000 in the week ending July 13, compared to market estimates of 230,000. Equities Trading UP CommScope Holding Com
U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday. Shares of Cintas Corporation (NASDAQ:CTAS) rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues. Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro. Cintas shares gained 5.3% to $758.25 on Thursday. Here are some other big stocks recording gains in today’s session. Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares gained 47.6% to $37.29 after the company and Darde
Gainers Focus Universal (NASDAQ:FCUV) shares moved upwards by 6.8% to $0.26 during Monday's after-market session. The company's market cap stands at $16.8 million. Karooooo (NASDAQ:KARO) shares increased by 3.96% to $30.41. The company's market cap stands at $939.6 million. CommScope Hldg Co (NASDAQ:COMM) stock moved upwards by 3.38% to $1.22. The market value of their outstanding shares is at $258.9 million. XIAO-I (NASDAQ:AIXI) shares moved upwards by 3.0% to $0.75. The market value of their outstanding shares is at $54.9 million. Kingsoft Cloud Hldgs (NASDAQ:KC) stock rose 2.76% to $2.9. The market value of their outstanding shares is at $688.1 million. SMX (Security Matters) (NASDA
Gainers Adobe (NASDAQ:ADBE) shares moved upwards by 14.1% to $523.5 during Thursday's after-market session. The company's market cap stands at $234.5 billion. As per the news, the Q2 earnings report came out today. Veritone (NASDAQ:VERI) stock rose 3.86% to $2.55. The company's market cap stands at $96.2 million. Freshworks (NASDAQ:FRSH) stock rose 3.57% to $12.76. The market value of their outstanding shares is at $3.8 billion. Sobr Safe (NASDAQ:SOBR) shares rose 2.9% to $0.23. The company's market cap stands at $4.5 million. CommScope Hldg Co (NASDAQ:COMM) stock increased by 2.85% to $1.44. The company's market cap stands at $305.6 million. Cerence (NASDAQ:CRNC) shares moved upwards
The Sale is expected to be completed on June 6, 2024
JP Morgan downgraded Commscope from Neutral to Underweight
Northland Capital downgraded Commscope from Outperform to Market Perform
BofA Securities downgraded Commscope from Neutral to Underperform and set a new price target of $2.00
Raymond James upgraded Commscope from Underperform to Mkt Perform
BofA Securities downgraded Commscope from Buy to Neutral and set a new price target of $1.75 from $2.25 previously
Credit Suisse downgraded Commscope from Outperform to Neutral and set a new price target of $5.10 from $11.00 previously
Deutsche Bank downgraded Commscope from Buy to Hold and set a new price target of $6.00 from $8.00 previously
Northland Capital upgraded Commscope from Market Perform to Outperform and set a new price target of $7.00
Jefferies downgraded Commscope from Buy to Hold and set a new price target of $5.50 from $15.00 previously
BofA Securities upgraded Commscope from Underperform to Buy and set a new price target of $15.00 from $8.00 previously