Why CPI Card Group Stock Crashed 15% Today [Yahoo! Finance]
CPI Card Group Inc. (PMTS)
Last cpi card group inc. earnings: 11/6 08:15 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.cpicardgroup.com
Company Research
Source: Yahoo! Finance
Shares of CPI Card Group (NASDAQ: PMTS) , a small-cap company that's curiously also one of the nation's biggest manufacturers of the credit cards that banks issue their customers, plunged 15% through 10:50 a.m. ET Tuesday morning. It's not hard to figure out why: CPI's biggest shareholder is cashing out. Insider selling Not cashing out entirely , mind you. But as the company advised today, private equity firm Parallel49 Equity is offering anywhere from 1.2 million to 1.4 million shares for sale (depending on whether overallotment options are exercised). And it's selling these shares for just $21 apiece. CPI stock closed near $28 last night. So you can understand why investors were a bit surprised by this news, and this price. It must feel a bit like someone on the inside knows something we don't and is dumping their shares at a loss. But here's the thing: According to data from S&P Global Market Intelligence , Parallel49 first invested in CPI Card Group back in June of 2007.
Show less
Read more
Impact Snapshot
Event Time:
PMTS
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
PMTS 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
PMTS alerts
High impacting CPI Card Group Inc. news events
Weekly update
A roundup of the hottest topics
PMTS
News
- Automatic Ticket Machine Market to Reach USD 39.91 Billion by 2032, Driven by Increasing Demand for Automation in Transportation | Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Inc (PMTS) Q3 2024 Earnings Call Highlights: Strong Sales Growth Amidst Debt ... [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Inc. (PMTS) Tops Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Inc. Reports Third Quarter 2024 ResultsBusiness Wire
PMTS
Earnings
- 11/5/24 - Miss
PMTS
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form S-8
- 11/5/24 - Form 10-Q
- PMTS's page on the SEC website