Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
The latest update is out from Clear Channel Outdoor ( (CCO) ).
On February 6, 2025, Clear Channel Outdoor Holdings, Inc. announced the completion of the sale of its businesses in Mexico, Peru, and Chile to Global Media US LLC for $20 million in cash, with an additional $1.25 million earn-out potential. This move is part of Clear Channel’s strategy to optimize its portfolio, improve liquidity, and focus on its American and Airport segments, while the sale of its remaining Latin American business in Brazil is ongoing.
More about Clear Channel Outdoor
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is a leader in the out-of-home advertising industry, offering a dynamic advertising platform. The company is expanding its use of digital billboards and displays while integrating data analytics and programmatic capabilities to provide measurable and easily purchasable campaigns. With a diverse asset portfolio, Clear Channel connects advertisers with millions of consumers each month.
YTD Price Performance: -2.86%
Average Trading Volume: 1,201,083
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $665.1M
For a thorough assessment of CCO stock, go to TipRanks’ Stock Analysis page.
