The Container Store shares slide as company adopts poison pill [Seeking Alpha]
Container Store (The) (TCS)
Last container store (the) earnings: 2/4 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.containerstore.com
Company Research
Source: Seeking Alpha
a limited duration stockholder rights plan -- otherwise known as a poison pill -- in response to the “rapid and significant” accumulation of stock by a single stockholder. By putting a poison pill in place, The Container Store ( TCS ) can prevent a hostile takeover, ensure that the board remains in control, prevent any single entity obtaining undue influence, and “provide all stockholders an opportunity to maximize the value of their investment in the company.” Under the rights plan, one preferred stock purchase right will be distributed for each share of common stock held by shareholders of record as of October 23. The rights will become exercisable if a person or entity acquires the “triggering percentage” of 20% of the company's common stock. This will then give rights holders the opportunity to purchase additional shares at a 50% discount. The rights plan expires Oct 7, 2025, although it can be extended at the company's discretion. Last May, the company said it had begun a f
Show less
Read more
Impact Snapshot
Event Time:
TCS
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
TCS 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
TCS alerts
High impacting Container Store (The) news events
Weekly update
A roundup of the hottest topics
TCS
News
- Theatro Ranked One of the Fastest-Growing Companies in North America on the 2024 Deloitte Technology Fast 500™PR Web
- Beyond, Inc. Provides Update to Its Investors Regarding Transaction with The Container Store Group, Inc. [Yahoo! Finance]Yahoo! Finance
- The Container Store Announces Global Licensing Partnership With Vacane Household Commodities Co., Ltd.Business Wire
- The Container Store to Open Miami Worldcenter LocationBusiness Wire
- The Container Store Continues to Bolster Everything Organizer™ Collection With the Everything Organizer™ Drop-Front Shoe BoxBusiness Wire
TCS
Earnings
- 10/29/24 - Miss
TCS
Sec Filings
- 11/21/24 - Form 8-K
- 11/15/24 - Form 8-K
- 10/31/24 - Form SC
- TCS's page on the SEC website