Naspers' Prosus Spinoff Hasn't Gone Quite as Planned (Yet) [The Motley Fool]
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
Company Research
Source: The Motley Fool
Naspers' Prosus Spinoff Hasn't Gone Quite as Planned (Yet) In the recent past, I've advocated for owning Chinese internet giant Tencent ( OTC:TCEHY Naspers OTC:NPSNY The Tencent success has come to overshadow Naspers itself, as well as its other investments. In fact, the success of Tencent recently became a big problem, as Naspers grew too big for the Johannesburg Stock Exchange, making up more than 0% of the index this year. And the bigger Tencent got, the bigger the discount at which Naspers traded relative to the value of its Tencent stake alone. Last week's spinoff That's why Naspers decided to take action earlier this year and announced a partial spinoff of its global internet technology assets Prosus OTC:PROSY American depositary receipts When Prosus was listed on the Euronext exchange last week, the stock immediately soared 0%, from the reference price of 58.70 euros to a high of 76 euros on its first trading day. That increase closed much of the gap with the value of the Tence
Show less
Read more
Impact Snapshot
Event Time:
NPSNY
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
NPSNY 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
NPSNY alerts
High impacting NASPERS LTD S/ADR news events
Weekly update
A roundup of the hottest topics
NPSNY
News
- Carried interest’s day of reckoning [Financial Times (FT.com) (UK)]Financial Times
- Voluntary Announcement: Letter From Fabricio Bloisi, Chief Executive, Naspers, on His First 100 Days [Yahoo! Finance]Yahoo! Finance
- Voluntary Announcement: Letter From Fabricio Bloisi, Chief Executive, Naspers, on His First 100 DaysBusiness Wire
- Here is the Year-End FOMC Outlook [Yahoo! Finance]Yahoo! Finance
- SoftBank-Backed Swiggy Files for Initial Share Sale in India [BNN Bloomberg (Canada)]BNN Bloomberg