03:24 PM EST, 03/07/2024 (MT Newswires) -- E2open Parent Holdings ( ETWO ) shares were up 6.4% in recent trading on Thursday, after the company started a strategic review earlier in the day.

The review will assess options to boost shareholder value and reinforce the company's position in the supply chain software market, according to E2open.

There is no deadline or definitive timetable for completion of the strategic review, the company added.

E2open maintained its fiscal 2024 revenue guidance of $628 million to $633 million. Analysts polled by Capital IQ expect $631.1 million.

Price: 4.31, Change: +0.26, Percent Change: +6.42