$1.2 Billion Connectivity Sale to Accenture Clears Key Hurdle with Lender Consent
Reported by Wiseek News
Sentiment
Positive
Importance
8
Price
$44.32
Mkt Cap
$1.633B
52W Low
$22.45
52W High
$50.55
Market data snapshot near publication time
Summary
Ziff Davis has secured lender consent, a critical step enabling the completion of its previously announced $1.2 billion sale of the Connectivity division to Accenture. This follows an 8-K filing minutes earlier which confirmed the sale's completion. The divestiture is highly material, representing a significant portion of the company's market value, and marks a major strategic portfolio shift.
At the time of this announcement, ZD was trading at $44.32 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $22.45 to $50.55. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.
Price Chart
ZD - Latest Insights
ZD
Jun 17, 2026, 4:23 PM EDT
Price at Filing:
$44.32
Real-time Price:
$44.32
Change:
$0 (0%)
Market Cap:
$1.633B
ZD
Jun 17, 2026, 4:16 PM EDT
Price at Filing:
$44.32
Real-time Price:
$44.32
Change:
$0 (0%)
Market Cap:
$1.633B
ZD
May 08, 2026, 4:04 PM EDT
Price at Filing:
$41.02
Real-time Price:
$44.32
Change:
+$3.30 (+8%)
Market Cap:
$1.633B
ZD
May 07, 2026, 7:01 PM EDT
Price at Filing:
$42.29
Real-time Price:
$44.32
Change:
+$2.03 (+5%)
Market Cap:
$1.633B
ZD
May 07, 2026, 6:11 PM EDT
Price at Filing:
$43.31
Real-time Price:
$44.32
Change:
+$1.01 (+2%)
Market Cap:
$1.633B
ZD
Mar 26, 2026, 4:43 PM EDT
Price at Filing:
$43.33
Real-time Price:
$44.32
Change:
+$0.990 (+2%)
Market Cap:
$1.633B
ZD
Mar 04, 2026, 6:02 AM EST
Price at Filing:
$41.61
Real-time Price:
$44.32
Change:
+$2.71 (+7%)
Market Cap:
$1.633B
ZD
Mar 03, 2026, 5:36 PM EST
Activist Investor Pale Fire Capital Discloses 6.9% Stake in Ziff Davis, Plans Engagement on Strategy
Price at Filing:
$41.50
Real-time Price:
$44.32
Change:
+$2.82 (+7%)
Market Cap:
$1.633B
ZD
Mar 03, 2026, 11:05 AM EST
Price at Filing:
$48.30
Real-time Price:
$44.32
Change:
-$3.98 (-8%)
Market Cap:
$1.633B
ZD
Mar 03, 2026, 7:30 AM EST
Price at Filing:
$40.20
Real-time Price:
$44.32
Change:
+$4.12 (+10%)
Market Cap:
$1.633B