Quote · Bloomberg Intelligence
Accenture Forecast Sends Stock Tumbling a Record 20%
Where this was said
Medallia Collapse and the Mid-Cap Software Peril
At 7:35 · chapter starts 5:55
Medallia's creditor takeover by Blackstone after Thoma Bravo walks away raises questions about mid-cap software valuations. [1] — Anurag Rana "Medallia, a PE-backed software firm, is being taken over by its creditors after Thoma Bravo refused to inject fresh capital. Anurag Rana sa…" 05:56 Large-cap leaders like ServiceNow and Workday remain insulated.
Medallia, a PE-backed software firm, is being taken over by its creditors after Thoma Bravo refused to inject fresh capital. Anurag Rana says this pattern will repeat for smaller software companies with weak market positions — but the large-cap leaders are insulated.
Accenture is trading at roughly 12–13% free cash flow yield, a level Anurag Rana says he has never seen in 23 years of covering the company.
Intel shares surged after President Trump announced a chip manufacturing deal between Intel and Apple, though neither company confirmed it.
