Shares of Cantaloupe (CTLP) are up about 4% in Tuesday trading following a report by Reuters saying the company is exploring strategic options, including a potential sale or a go-private transaction, the latest specialized U.S. payments processor to consider such a move. The company is working with investment bankers at JPMorgan Chase (JPM) on the strategic plans, according to sources familiar with the matter.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTLP:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue