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SP / Why SP Plus Stock Skyrocketed 42% This Week

On Thursday, SP Plus announced it has agreed to be acquired by Metropolis for $54 per share, a 52% premium from Wednesday's close. The deal is still subject to the approvals of regulators and SP Plus shareholders, but should close next year. Read More

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Posted: Oct 5 2023, 17:58

Author Name: The Motley Fool

SP News

By Zacks Investment Research
October 25, 2023

Fast-paced Momentum Stock SP Plus (SP) Is Still Trading at a Bargain

SP Plus (SP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gain

By Zacks Investment Research
October 9, 2023

Why Fast-paced Mover SP Plus (SP) Is a Great Choice for Value Investors

SP Plus (SP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable

By Zacks Investment Research
October 6, 2023

SP Plus (SP) is on the Move, Here's Why the Trend Could be Sustainable

If you are looking for stocks that are well positioned to maintain their recent uptrend, SP Plus (SP) could be a great choice. It is one of the severa

By Zacks Investment Research
October 6, 2023

Strength Seen in SP Plus (SP): Can Its 44.7% Jump Turn into More Strength?

SP Plus (SP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the st

By The Motley Fool
October 5, 2023

Why Sp Plus Stock Blasted 45% Higher Today

The company is being acquired in a go-private transaction. If all goes well, its new owner will be Metropolis Technologies.

By The Motley Fool
October 5, 2023

Why SP Plus Stock Skyrocketed 42% This Week

On Thursday, SP Plus announced it has agreed to be acquired by Metropolis for $54 per share, a 52% premium from Wednesday's close. The deal is still s

By Market Watch
October 5, 2023

SP Plus to be taken private by Metropolis Technologies for $1.5B

Metropolis Technologies Inc. said Thursday it would pay $54 a share for SP Plus Corp. SP, +0.14% in a take-private deal that values the parking facili

By Zacks Investment Research
September 13, 2023

SP Plus (SP) Loses -11.34% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for SP Plus (SP) as it is technically in oversold territory now. In addition to this technical measure

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