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Author Bio Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Follow @TMFNewCow What happened Shares of Clarivate (NYSE:CLVT) dropped by as much as 15% today after the company announced a pair of proposed stock offerings. The deals will be dilutive to existing shareholders. As of 11:30 a.m. EDT, the stock had partially recovered but was still down 10%. So what Clarivate, a technology company that specializes in analytics that went public in 2019 by merging with a special purpose acquisition company (SPAC), is looking to sell $750 million in common stock in addition to $1.25 billion in Series A Mandatory Convertible preferred shares. Additionally, existing shareholders want to sell $250 million in stock through the offering. The offerings ....
LONDON, May 26, 2021 /PRNewswire/ Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today that Jerre ....
LONDON, May 13, 2021 /PRNewswire/ Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today that Jerre ....
Clarivate to Present at the BofA Securities 2021 Information Services Conference on March 18, 2021 LONDON, March 12, 2021 /PRNewswire/ Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today that Jerre Stead, Executive Chairman and Chief Executive Officer, and Richard Hanks, Chief Financial Officer, will present at the BofA Securities 2021 Information Services Conference on Thursday, March 18, 2021 at 3:35 PM Eastern Time. A live webcast of the event will be available on the Investor Relations section of the Clarivate website at http://ir.clarivate.com/Event-Calendar. A replay of the webcast will be available for 30 days after the conclusion of the live event via http://www.veracast.com/webcasts/bofa/infoservices2021/idd6962I.cfmhttps://event.on24.com/wcc/r/2829419/B68713F26578AC291009DCAC2D96EB7F. ....