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Coupa Software (COUP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Bear market bargains are often too good for would-be acquirers to pass up.
Coupa Software Inc saw its shares jump nearly 30% after a report suggested private equity firm Vista Equity Partners is looking at buying the company. Citing people familiar with the matter Bloomberg said Vista had held talks with Coupa, adding that private-credit lenders could provide financing for a potential deal.
Coupa Software (NASDAQ: COUP) shares are trading higher after Bloomberg, citing people familiar with the matter, reported Vista Equity
Shares of Coupa Software Inc. COUP, +28.94% surged as much as 37% Wednesday following a report that Vista Equity Partners was considering buying the company. The stock was halted for volatility at 1:28 p.m.
Private equity firm Vista Equity Partners is exploring an acquisition of Coupa Software Inc , Bloomberg News reported on Wednesday, citing people familiar with the matter.
The Zacks Internet software industry participants like Coupa Software (COUP), Model N (MODN) and eGain (EGAN) benefit from high demand for SaaS due to the increasing need for remote working, learning and diagnosis software, as well as cybersecurity applications.
Rob Bernshteyn, Coupa CEO, joins 'Tech Check to discuss the company's earnings beat, if the business is slowing or accelerating and the future outlook for the company.
Shares of Coupa, down more than 65% year to date, have seen tremendous selling pressure this year on fears of a macro slowdown. So far, through the first half of FY23, Coupa has been able to maintain >20% y/y billings growth.
SAN MATEO, Calif., Nov. 8, 2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP) announced that it will hold its quarterly conference call to discuss its fiscal third quarter 2023 financial results on Monday, December 12, 2022, at 1:30 p.m.