Advertisement
New Zealand markets close in 1 hour 41 minutes
  • NZX 50

    11,863.37
    -4.21 (-0.04%)
     
  • NZD/USD

    0.5931
    +0.0003 (+0.05%)
     
  • NZD/EUR

    0.5532
    +0.0003 (+0.05%)
     
  • ALL ORDS

    7,864.90
    +33.00 (+0.42%)
     
  • ASX 200

    7,604.60
    +34.70 (+0.46%)
     
  • OIL

    79.42
    +0.42 (+0.53%)
     
  • GOLD

    2,326.80
    +15.80 (+0.68%)
     
  • NASDAQ

    17,318.55
    -122.14 (-0.70%)
     
  • FTSE

    8,121.24
    -22.89 (-0.28%)
     
  • Dow Jones

    37,903.29
    +87.37 (+0.23%)
     
  • DAX

    17,932.17
    -186.15 (-1.03%)
     
  • Hang Seng

    18,159.02
    +395.99 (+2.23%)
     
  • NIKKEI 225

    38,299.71
    +25.66 (+0.07%)
     
  • NZD/JPY

    92.4430
    +0.4740 (+0.52%)
     

Zuora Stock Spikes on Report It Could Be Acquired

Zuora Stock Spikes on Report It Could Be Acquired

Shares of Zuora spiked 14% on Wednesday after a media report that said the provider of subscription management software has received acquisition offers. The company has hired investment bank Qatalyst Partners “after receiving acquisition interest from potential suitors,” including private equity firms, Reuters reported. Zuora didn’t immediately respond to a request for comment.