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Market Chatter: Yext to Explore Sale After Attracting Takeover Interest
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Market Chatter: Yext to Explore Sale After Attracting Takeover Interest
Jun 7, 2024 7:57 AM

10:27 AM EDT, 06/07/2024 (MT Newswires) -- Yext ( YEXT ) , a software maker that promotes company information in online search directories and websites, is getting ready to explore a sale after attracting takeover interest, Reuters reported Friday, citing people familiar with the matter.

The company may not proceed with any deal, the report said, citing the sources.

Yext ( YEXT ) shares jumped 9.1% in recent Friday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 5.13, Change: +0.41, Percent Change: +8.69

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