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Event Technology Provider Cvent Lands SPAC Deal: What Investors Should Know
Friday, July 23, 2021 - 9:50am | 477Read More...Cvent is returning to the public markets with a SPAC deal announced Friday. The SPAC Deal: Cvent announced a SPAC merger with Dragoneer Growth Opportunities Corp. II (NASDAQ: DGNS) valuing the company at $5.3 billion. Among the PIPE investors is Zoom Video Communications Inc (NASDAQ: ZM). “We...
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Cvent SPAC Deal Could Include 10% Investment From Zoom: What You Need To Know
Thursday, July 22, 2021 - 9:22am | 442Read More...Many public companies have invested in SPAC deals via the PIPE financing. The latest could be Zoom Video Communications Inc (NASDAQ: ZM) in a move to boost its live events strategy. What Happened: Earlier this week, the Wall Street Journal reported event management company Cvent was in talks...
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Short Opportunity? Morgan Stanley Discusses One Of SaaS's 'Most Expensive' Stocks
Thursday, September 10, 2015 - 1:47pm | 436Read More...Shares of Cvent Inc (NYSE: CVT) are up 30 percent year to date. Since its IPO, Cvent's growth has been steady in the 25 to 30 percent range. Analysts at Morgan Stanley downgraded Cvent to Underweight, noting the stock "one of the most expensive" names in SaaS. Shares of Cvent Inc, a cloud-based...
