Stewart Information slips after launching stock offering
ReutersDec 10, 2025 10:48 PM
Real estate services company Stewart Information Services' STC.N shares fall 2.6% to $71.88 in extended trading
STC kicks off public offering of 1.9 million shares
Goldman Sachs is lead book-running manager for offering, while Citizens Capital Markets is book-running manager
Proceeds will be used for working capital and general purposes, including potential acquisition opportunities
STC had 28 million outstanding shares as of September 30, according to prospectus
The two brokerages covering the stock rate it "hold"; median PT $80 — data compiled by LSEG
As of last close, STC up 9.4% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
Global Flight to Safety Intensifies as Gold, Silver, and Platinum Hit New Highs — ‘Currency Wars’ Author Predicts $10,000 Gold and $200 Silver
TradingKey - Since the start of 2025, silver, which offers both investment attributes and industrial utility, has surged by approximately 150%.TradingKey
13 hours ago
TradingKey 2025 Markets Recap & Outlook | Bitcoin Price Repeatedly Hits New Highs, 2026 Can BTC Write Another Legend?
Multiple tailwinds in 2025 propelled Bitcoin to new highs, but many of these positives have already been priced in. In 2026, Bitcoin faces challenges such as liquidity tightening, as well as regulatory and monetary policy uncertainties. Wall Street is divided on Bitcoin's future outlook, with targetTradingKey
Fri, Dec 26
TradingKey 2025 Markets Recap & Outlook | Global Central Banks 2026 amid Post‑Easing Recovery and Diverging Paths
TradingKey - In 2025, major global central banks will largely maintain an accommodative stance, but the policy pace will decelerate notably. As the easing cycle draws to a close, how will global monetary policy evolve?TradingKey
Thu, Dec 25
Ripple Price Prediction: Why Is XRP Price Falling? Can It Rise to $10 in the Future?
XRP has weakened this year due to profit-taking, capital outflows, and its correlation with Bitcoin. Despite support from potential spot ETFs and positive regulatory developments, significant market divergence, liquidity uncertainty, and macroeconomic uncertainty remain high. XRP's price is likely tTradingKey
Wed, Dec 24
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital baTradingKey
Fri, Dec 19
Tradingkey
