Navient to Divest Its Government Services Unit to Gallant Capital [Yahoo! Finance]
Navient Corporation (NAVI)
Last navient corporation earnings: 4/21 04:14 pm
Check Earnings Report
US:NASDAQ Investor Relations:
navient.com/about/investors
Company Research
Source: Yahoo! Finance
affiliate of Gallant Capital Partners, LLC, a Los Angeles-based investment firm. Navient's Government Services business includes Navient Business Processing Group, Duncan Solutions, Gila, Pioneer Credit Recovery and Navient BPO. About 1,200 employees will be included in the transaction, which is expected to close in the first quarter of 2025. Rationale Behind NAVI's Sale of Government Services Unit Navient's Government Services business has been part of its broader portfolio, offering various services suited to its client's needs in the education and government sectors. NAVI's agreement to divest its Government Services business enables it to focus on core operations in education finance and business processing solutions. NAVI's move to divest Government Services business comes when companies increasingly seek to optimize their business models and concentrate on their primary areas of expertise. By offloading this segment, Navient is expected to enhance its operational efficienc
Show less
Read more
Impact Snapshot
Event Time:
NAVI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NAVI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NAVI alerts
High impacting Navient Corporation news events
Weekly update
A roundup of the hottest topics
NAVI
News
- Navient Co. (NASDAQ: NAVI) had its price target lowered by analysts at Bank of America Co. from $17.00 to $16.00. They now have a "neutral" rating on the stock.MarketBeat
- Navient to sell Government Services business to Gallant Capital [Yahoo! Finance]Yahoo! Finance
- Navient to sell Government Services business to Gallant CapitalGlobeNewswire
- Hundreds of student-loan borrowers who applied for debt cancellation are being denied relief by a major lender, over 20 Democratic lawmakers say [Business Insider]Business Insider
- Navient Co. (NASDAQ: NAVI) had its price target lowered by analysts at JPMorgan Chase & Co. from $15.50 to $15.00. They now have a "neutral" rating on the stock.MarketBeat
NAVI
Earnings
- 10/31/24 - Beat
NAVI
Sec Filings
- 12/26/24 - Form SCHEDULE
- 12/26/24 - Form 8-K
- 12/23/24 - Form 8-K
- NAVI's page on the SEC website