CDW Corporation stock trades at EUR 55.11 after AI deal closes
AD HOC NEWS
CDW Corporation's stock was trading at EUR 55.11 at Lang & Schwarz after the successful acquisition of Lovelytics, a data and artificial intelligence services firm. This acquisition strengthens CDW's AI capabilities and data analytics practice, aligning with the growing customer demand for AI implementation. Despite some margin pressure, CDW reported a 10% year-over-year increase in second-quarter net sales, and analyst expectations remain generally positive with a "Moderate Buy" consensus.
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