MediaAlpha, Inc. (MAX) shares are surging more than 29 percent on Friday morning trade after the company received a cash tender offer from White Mountain Insurance Group (WTM) together with WM Hinson (Bermuda) Ltd.
Thursday was a busy day at the board level of a Bermuda-domiciled financial services holding company.
Weston M. Hicks was elected chairman of the board of White Mountains Insurance Group, Ltd., replac.
MediaAlpha, Inc. (NYSE:MAX – Get Rating) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 1,030,000 shares, a growth of 101.3% from the April 15th total of 511,800 shares. Currently, 4.4% of the company’s stock are sold short. Based on an average trading […]
MediaAlpha, Inc. (NYSE:MAX – Get Rating) was down 6.7% during mid-day trading on Tuesday . The company traded as low as $9.05 and last traded at $9.19. Approximately 59,708 shares changed hands during trading, a decline of 69% from the average daily volume of 191,224 shares. The stock had previously closed at $9.85. Analyst Upgrades […]