RPD Nov 2024 55.000 call
- Zacks
Rapid7 (RPD) Surges 6.8%: Is This an Indication of Further Gains?
Rapid7 (RPD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- Reuters
Activist investor Jana pushes Rapid7 to consider a sale
Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the cybersecurity company to sell itself, a person familiar with the matter said on Wednesday. The news of Jana's stake comes months after Reuters reported in 2023 that the Boston-headquartered company was exploring options that included a possible sale. News of Jana's involvement, first reported by the Wall Street Journal, pushed Rapid7's stock price up more than 8% in midday trading on Wednesday.
- Investing.com
Activist investor Jana Partners advocates for sale of Rapid7 - WSJ
Investing.com - Jana Partners, an activist investor known for successfully advocating the sale of several companies, has acquired a stake in cybersecurity firm Rapid7 Inc (NASDAQ:RPD) and is encouraging the company to consider a sale, according to a source close to the matter.
