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CWAN
CNBC
6 hrs

Activist Starboard reveals 5% stake in Clearwater as tech company reviews its options

1. Starboard Value holds ~5% of CWAN, urging strategic sales exploration. 2. CWAN is transitioning from growth to a riskier integration phase post-acquisitions. 3. Market skepticism follows CWAN's shift, with stock dropping to $15.73. 4. Potential outcomes include a standalone operation, company sale, or board-driven sale. 5. Activist investor Starboard aims for long-term shareholder value through thorough processes.

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$21.8112/14 07:03 PM EDTEvent Start
$21.8112/15 12:38 AM EDTLatest Updated
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FAQ

Why Bullish?

Starboard's involvement often leads to improved operational efficiencies, promising potential recovery for CWAN.

How important is it?

Starboard's history suggests potential strategic improvements for CWAN, impacting investor sentiment positively.

Why Short Term?

Starboard's push for strategic review could lead to immediate price fluctuations, especially if offers materialize quickly.

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