Shares of Southwest Gas Holdings, Inc. (NYSE:SWX), sank 8.4% in premarket trading on August 3, 2022, after the company determined that the best way to maximize shareholder value is not to sell the company, but to continue to execute its strategic plan. The company said it will also advance the process to maximize the value of its Centuri and MountainWest assets through a sale or spinoff. The company it has concluded the review of strategic alternatives announced on April 18, which followed the receipt of an "indication of interest" that was well above the buyout bid received from activist investor Carl Icahn.
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5-day change | 1st Jan Change | ||
73.57 USD | +0.42% | +0.23% | +16.13% |
Apr. 09 | Conflicting signals on rate cuts | |
Apr. 08 | Southwest Gas Unit Centuri Launches Roadshow for Initial Public Offering | MT |
EPS Revisions
1st Jan change | Capi. | |
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+16.13% | 5.25B | |
-5.02% | 13.53B | |
+8.09% | 8.97B | |
+14.57% | 8.19B | |
+2.70% | 7.83B | |
-7.62% | 7.08B | |
-27.14% | 5.66B | |
-3.66% | 4.84B | |
+19.93% | 4.55B | |
-3.55% | 4.32B |
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