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Yahoo
3 hours ago
- Business
- Yahoo
Oscar Health soars, Kroger outlook, Couchbase deal: Trending Tickers
Here are some of the stocks on the move on Friday, June 20. Shares of Oscar Health (OSCR) are continuing to rise. The stock is up about 50% over the past 5 days. Kroger (KR) is seeing its stock jump after raising its full-year sales forecast and holding its profit outlook steady. Couchbase (BASE) shares are exploding higher on news that it was being acquired by Haveli Investments for $1.5 billion. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Now time for some of today's trending tickers. Yahoo Finance's Josh Shafer, back with me now. We're going to be watching shares of Oscar Health, Kroger, and Couchbase all rising today's tray. I'm going to start with Oscar Health, it's up 50% over the last week and seeing its third day of consecutive gains driven by the bullishness of the insurance industry. Telehealth company reporting a 45% price increase since last quarter, due to the company's excellent first quarter earnings, and its growth is astounding, given the health insurance industry has been relatively flat recently. Additionally, a new proposal to create part of part E of Medicare, a voluntary self-funding plan, assisting in the rally for this stock, Josh. Yeah, Josh, the other side of this too, I think, is you're getting maybe just a little bit of a retail trader bid right now, right? So, volume in this stock has absolutely surged over the last couple days. There is a great article from Sherwood Media, Luke Kawa over there, highlighting that this has also been a popular stock on the Wall Street Bets Reddit account. And when you see moves in a stock like this, 50% in five days, and you and I look at our trending tickers page on Yahoo Finance frequently, you don't see Oscar Health a lot, Josh. And then all of a sudden it just comes out of nowhere, right? And I think it speaks to the conversation you and I were having earlier this week about sort of the momentum in the market that you're seeing in some of these names that just start to catch a bid, start to catch a bid, and then they're ripping higher, right? And I mean, not to compare this stock to Circle, but you're seeing it in a name like Circle. You're seeing it in the quantum computing stocks. You're seeing it in nuclear with UEC, which we talked about. So, I think it's a continuation of the theme that winners are winning right now and continuing to win. And there's clearly a retail trading bid in some of these names that just want to get in and try and chase it up a little bit because remember, we've said, the indexes aren't really doing a lot right now, right? If you're looking, if you're looking for some action, you got to go somewhere outside of this, the, yeah, outside of the major indexes. Also, Josh Kushner, Vice Chairman of this company, brother Jared Kushner. I'm just saying that, that, that can't, that can't hurt. You got friends in high places. That's all I'm saying. Yep. Also, Kroger, its stock rising after reporting a solid first quarter despite uncertainty we know in that industry. The grocery store chain sharing good earnings, same-store sales grew little over 2%. However, revenue fell short of estimates. Outlook for the year largely the same, slightly little weak according to analysts expectations. Kroger did raise its same-store sales guidance contributing to a largely mixed outlook for the remainder of the year, Josh. Yeah, Josh, I mean, you look at the stock over the last month, and it had not been necessarily outperforming by any means. I think it was probably in the red coming into today. So perhaps expectations had fallen just enough for a decent report to sort of give you that kind of pop, right? But I mean, always interesting when you see, to me, you always get the economic uncertainty comment now, right? That's like a given. You almost have to have it in your earnings release, I think, if you're going to put out earnings. You don't often get it though with the, economic outlook is uncertain, but we're boosting our sales forecast. I mean, if I'm an own, if I'm an owner of Kroger shares, and I'm hearing that, I'm feeling pretty good, right? There's obviously different headwinds going on with credit policy that could weigh on a business like this, and for them to say, you know what, we're addressing that. We understand that, but we're actually now seeing same-store sales in a range of 2 and 1/2 to 3, or 2 and 1/4 to 3 and 1/4%, instead of 2 to 3%. I'll take it. That's a solid print. So, the stock's up nearly 20% this year. I mean, what to do with it from here? Street's actually, just looking pretty divided. Got 12 buys, 11 holds, two sells. I don't know. Finally, Couchbase's stock. Let's check that one out. Soaring with the announcement that Havelli will acquire a company in a $1.5 billion acquisition. The deal between the software company and the investment firm, Havelli, will close in the second half of 25, Josh. Yeah, Josh, so this is not a couch company, right? They are more on the tech side of things. But I, what was interesting to me is, I was just looking at the long-term chart of the stock here. So, Couchbase went public in 2021 amid that IPO boom that we had in 2021. And then there's been a big question for a lot of these stocks is, well, what happens now several years later, right? These stocks. A lot of companies went public in 2021, a lot of them did not necessarily do great post 2021, right? So, Couchbase touched 50 bucks a share in the fall of 2021, and then pretty much never got close to it again. And so they had it caught a little bit of a bid in 2024, but it's run as a public company just has not been overall that successful for shareholders, at least that were in it at the beginning. So interesting to see the 2021, a 2021 IPO class stock getting bought to me. Yeah. And I did, I did see analysts at Wedbush just saying, good deal for both, strategic move for both entities, that these organizations closely aligned in terms of data and infrastructure build out. Data and infrastructure build out, Josh. Buzzwords, but what else do you need? Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 hours ago
- Business
- Yahoo
Why Couchbase Stock Is Skyrocketing Today
Couchbase announced that it's on track to be acquired by Haveli Investments. The company is set to be acquired at a $1.5 billion valuation that works out to a buyout price of $24.50 per share. The acquisition looks set to close in the very near future, and Couchbase stock is now valued very close to the buyout price. 10 stocks we like better than Couchbase › Couchbase (NASDAQ: BASE) stock is seeing a huge jump in Friday's trading following news of a buyout for the company. The software specialist's share price was up 30% as of 3:25 p.m. ET. Before market open this morning, Couchbase published a press release announcing that it had entered into an agreement to be acquired by Haveli Investments. The deal will see Couchbase acquired at a $1.5 billion valuation, representing a 29% premium compared to the company's price at market close on June 18. With the company valued at $1.5 billion in the acquisition, shareholders will receive $24.50 per share as part of the all-cash buyout. Couchbase will become a privately held company after the deal is completed. The company says that the buyout is expected to close before the end of this month, and Haveli indicated that Couchbase's strengths in artificial intelligence (AI) development tools was a key factor in its acquisition move. Couchbase says that the acquisition agreement includes a "go-shop" period, which will allow the company to explore other buyout offers before 11:59 p.m. ET on June 23. While this potentially leaves the door open for another suitor to come in with a higher buyout offer, it's also an extremely short window for another potential buyer to come in with their own buyout terms. Couchbase's press release for its acquisition by Haveli Investments suggests that it's extremely likely that the purchase will be completed after this coming Monday. As of this writing, the company's share price has risen to be roughly in line with the scheduled buyout price -- which suggests that there's very little reason for new investors to enter the stock at this point. Before you buy stock in Couchbase, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Couchbase wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Couchbase Stock Is Skyrocketing Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
7 hours ago
- Business
- Yahoo
Couchbase stock soars after $1.5 billion acquisition deal with Haveli
-- Couchbase Inc (NASDAQ:BASE) stock surged 29% following the announcement that the company has agreed to be acquired by Haveli Investments in an all-cash transaction valued at approximately $1.5 billion. Under the terms of the agreement, Couchbase stockholders will receive $24.50 per share in cash, representing a 29% premium to the company's closing stock price on June 18, 2025, the last full trading day prior to the announcement. The deal also marks a 67% premium to the closing price on March 27, 2025, when Haveli first invested in the company. The stock is currently trading at $24.46 per share, a 29.3% gain on the day, as of 9:51 ET. The transaction, which has been approved by Couchbase's board of directors, is expected to close in the second half of 2025, subject to stockholder approval and regulatory clearances. Upon completion, Couchbase will become a privately held company, and its common stock will no longer be listed on any public market. "Today's announcement marks a significant milestone for our stockholders and an exciting new chapter for Couchbase," said Matt Cain, Chair, President and CEO of Couchbase. "Haveli's investment is a strong affirmation of our market position and our future potential." The merger agreement includes a "go-shop" period expiring at 11:59 p.m. Eastern time on June 23, 2025, during which Couchbase can solicit and consider alternative acquisition proposals. Haveli Investments, a technology-focused investment firm, views the acquisition as strategic given the increasing importance of data platforms in AI applications. Morgan Stanley is serving as exclusive financial advisor to Couchbase, while Jefferies is acting as lead financial advisor to Haveli. Related articles Couchbase stock soars after $1.5 billion acquisition deal with Haveli Reddit in talks to use Sam Altman's World ID for user verification - Semafor Regulators clear Canadian Natural's SLB acquisition after divestiture agreement Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
7 hours ago
- Business
- Yahoo
Couchbase (BASE) Shares Skyrocket, What You Need To Know
Shares of database as a service company Couchbase (NASDAQ: BASE) jumped 31% in the afternoon session after the company agreed to be acquired by Haveli Investments in an all-cash deal valued at approximately $1.5 billion. This deal offers Couchbase stockholders $24.50 per share in cash, representing a 29% premium to the stock's closing price on June 18, 2025. The transaction is expected to close in the second half of 2025, subject to stockholder approval and regulatory clearances, after which Couchbase will become a privately held company. Overall, this can be considered a positive development for BASE's shareholders, given the improved possibility of exiting their position at a significantly higher price. Is now the time to buy Couchbase? Access our full analysis report here, it's free. Couchbase's shares are very volatile and have had 23 moves greater than 5% over the last year. But moves this big are rare even for Couchbase and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 7 months ago when the stock dropped 23% on the news that the company reported weak third-quarter 2024 results and provided revenue guidance for the next quarter, which missed significantly - this matters much more as markets are forward-looking. The company provided conservative guidance due to macroeconomic challenges, limiting insights into upsell, migration timelines, and consumption trends. On the other hand, revenue and earnings came in ahead of expectations during the quarter. Still, this was a challenging quarter. Couchbase is up 58.6% since the beginning of the year, and at $24.67 per share, has set a new 52-week high. Investors who bought $1,000 worth of Couchbase's shares at the IPO in July 2021 would now be looking at an investment worth $811.51. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
CNA
8 hours ago
- Business
- CNA
Haveli Investments to buy AI database firm Couchbase for about $1.5 billion
Haveli Investments will acquire Couchbase for about $1.5 billion, the companies said on Friday, as the private equity firm looks to capitalize on the artificial intelligence-focused database company's platform. Couchbase's shares, which have gained 21 per cent this year, were up 29 per cent in early trading following the news. The company's cloud-based database powers AI-related applications that need a flexible data model and easy scalability. Couchbase is part of a group of modern database companies — including MongoDB , Cockroach Labs, Snowflake and Databricks — challenging legacy players such as Oracle . New database technologies make it easier and faster to store, manage and use a large amount of unstructured data that modern AI systems require. Haveli Investments, founded by former Vista Equity Partners president Brian Sheth, will pay Couchbase shareholders $24.50 per share, which represents a premium of about 29 per cent to the stock's last close price. The private equity firm has a 9.6 per cent stake in Couchbase, according to data compiled by LSEG. It may engage with Couchbase's management or board to explore strategic options, including a potential merger, according to a March filing with the U.S. SEC. The agreement includes a go-shop period that ends on Monday, during which Couchbase can consider alternate offers.
