From the archive. This pick came before our first emailed issue. We wrote it on Nov 3, 2026 from sources published around that day, with the same checks as every issue. It isn't part of the track record.
The pick
CCC Intelligent Solutions (CCC) had the biggest jump in trading volume compared with its usual level on October 15, 2026. Volume was 25.2x its 30-day average, while the price changed -0.13%.
What happened
CCC announced it has signed a definitive agreement to be acquired by a group of private investment firms led by GTCR, including Elliott Investment Management. The deal is all cash and has an enterprise value of approximately $6.1 billion.
CCC stockholders will receive $7.75 in cash for each share. The company said this is a premium of approximately 44% to its unaffected closing price on July 9, 2026, the last trading day before media speculation about a possible sale.
The deal was approved by CCC's Board of Directors. It is expected to close in the first quarter of 2027, subject to customary closing conditions. These include required regulatory approvals and approval by CCC stockholders. The deal has no financing condition.
Until the deal closes, CCC stays publicly traded and keeps operating as an independent company. After it closes, CCC will be privately held and its stock will no longer be listed on the Nasdaq.
Source: [SEC filing]
What news reports said
Yahoo Finance and The Motley Fool reported on October 12 that premarket reports of acquisition talks with GTCR and Elliott pushed the stock higher that day. [Yahoo Finance] [The Motley Fool] Benzinga also listed CCC among big stocks moving higher on that Monday. [Benzinga]
The numbers
- Previous close: $7.64
- Close: $7.63
- Change: -0.13%
- Volume: 323,958,025
- 30-day average volume: 12,847,333
- Volume multiple: 25.2x
- Behind the move: a company press release
What to watch
- CCC will release its third quarter 2026 financial results on October 29, 2026. The company said it will not host a conference call or webcast.
- The deal is expected to close in the first quarter of 2027, subject to regulatory and stockholder approvals.
Source: [SEC filing]
More coverage
What happened next
Measured from this day's close. Shown for every pick, good or bad. See the full track record.