GMBStaff

 14 May 24

tl;dr

Squarespace has announced it will be taken private in a $6.6 billion all-cash deal, causing shares to spike 13.3%. The deal is expected to close by Q4 2024, leaving minimal upside for shareholders. Despite rapid growth in subscriptions, bookings, and gross payment volume, the stock is considered ove...

Squarespace has announced it will be taken private in a $6.6 billion all-cash deal, causing shares to spike 13.3%. The deal is expected to close by Q4 2024, leaving minimal upside for shareholders. Despite rapid growth in subscriptions, bookings, and gross payment volume, the stock is considered overvalued. The deal kills most real upside, and there are better opportunities that can be had in the meantime.

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 19 Sep 24
 19 Sep 24
 19 Sep 24