http://new.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 23 Jul 2026 09:35:29 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://new.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Analyst+PT+Change/Cantor+Fitzgerald+Downgrades+DOMO+%28DOMO%29+to+Neutral/26805857.html (Updated - July 23, 2026 9:35 AM EDT) <p>Cantor Fitzgerald analyst Tom Blakey downgraded DOMO (NASDAQ: DOMO) from Overweight to Neutral with a price target of $4.84 (from $5.00).</p><p>The analyst commented: "Last night (7/22), after the market close, Domo released an 8-K announcing the company has entered into a definitive Asset Purchase Agreement to sell substantially all of its operating assets to Progress Software (PRGS, NC) for approximately $400 million in cash. Domo retains more than $900 million in NOL carryforwards and will continue as a publicly listed shell under a new name and ticker, with Founder/CEO Josh James remaining in http://www.streetinsider.com/Analyst+PT+Change/Cantor+Fitzgerald+Downgrades+DOMO+%28DOMO%29+to+Neutral/26805857.html Thu, 23 Jul 2026 09:35:29 -0400 DOMO http://www.streetinsider.com/Downgrades/Cantor+Fitzgerald+Downgrades+DOMO+%28DOMO%29+to+Neutral/26805857.html (Updated - July 23, 2026 9:35 AM EDT) <p>Cantor Fitzgerald analyst Tom Blakey downgraded DOMO (NASDAQ: DOMO) from Overweight to Neutral with a price target of $4.84 (from $5.00).</p><p>The analyst commented: "Last night (7/22), after the market close, Domo released an 8-K announcing the company has entered into a definitive Asset Purchase Agreement to sell substantially all of its operating assets to Progress Software (PRGS, NC) for approximately $400 million in cash. Domo retains more than $900 million in NOL carryforwards and will continue as a publicly listed shell under a new name and ticker, with Founder/CEO Josh James remaining in http://www.streetinsider.com/Downgrades/Cantor+Fitzgerald+Downgrades+DOMO+%28DOMO%29+to+Neutral/26805857.html Thu, 23 Jul 2026 09:35:29 -0400 DOMO http://www.streetinsider.com/Analyst+Comments/Cantor+Fitzgerald+Downgrades+DOMO+%28DOMO%29+to+Neutral/26805857.html (Updated - July 23, 2026 9:35 AM EDT) <p>Cantor Fitzgerald analyst Tom Blakey downgraded DOMO (NASDAQ: DOMO) from Overweight to Neutral with a price target of $4.84 (from $5.00).</p><p>The analyst commented: "Last night (7/22), after the market close, Domo released an 8-K announcing the company has entered into a definitive Asset Purchase Agreement to sell substantially all of its operating assets to Progress Software (PRGS, NC) for approximately $400 million in cash. Domo retains more than $900 million in NOL carryforwards and will continue as a publicly listed shell under a new name and ticker, with Founder/CEO Josh James remaining in http://www.streetinsider.com/Analyst+Comments/Cantor+Fitzgerald+Downgrades+DOMO+%28DOMO%29+to+Neutral/26805857.html Thu, 23 Jul 2026 09:35:29 -0400 DOMO http://www.streetinsider.com/Upgrades/Lake+Street+Upgrades+DOMO+%28DOMO%29+to+Buy/26804735.html <p>Lake Street analyst Eric Martinuzzi upgraded DOMO (NASDAQ: DOMO) from Hold to Buy with a price target of $5.00.</p> <p>For an analyst ratings summary and ratings history on DOMO <a href="http://www.streetinsider.com/rating_history.php?q=DOMO">click here</a>. For more ratings news on DOMO <a href="http://www.streetinsider.com/stock_lookup_news.php?q=DOMO&amp;type=analyst">click here</a>.</p> <p>Shares of DOMO closed at $3.15 yesterday.</p> http://www.streetinsider.com/Upgrades/Lake+Street+Upgrades+DOMO+%28DOMO%29+to+Buy/26804735.html Thu, 23 Jul 2026 07:53:38 -0400 DOMO http://www.streetinsider.com/Downgrades/Stephens+Downgrades+DOMO+%28DOMO%29+to+Equal+Weight/26804683.html <p>Stephens analyst Brett Huff downgraded DOMO (NASDAQ: DOMO) from Overweight to Equal Weight with a price target of $4.00.</p> <p>For an analyst ratings summary and ratings history on DOMO <a href="http://www.streetinsider.com/rating_history.php?q=DOMO">click here</a>. For more ratings news on DOMO <a href="http://www.streetinsider.com/stock_lookup_news.php?q=DOMO&amp;type=analyst">click here</a>.</p> <p>Shares of DOMO closed at $3.15 yesterday.</p> http://www.streetinsider.com/Downgrades/Stephens+Downgrades+DOMO+%28DOMO%29+to+Equal+Weight/26804683.html Thu, 23 Jul 2026 07:41:55 -0400 DOMO http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802597.html si-local-file:///var/storage/secattach/20260722/26802597.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802597.html Wed, 22 Jul 2026 17:07:00 -0400 DOMO O.00041155 http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802597.html si-local-file:///var/storage/secattach/20260722/26802597.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802597.html Wed, 22 Jul 2026 17:07:00 -0400 DOMO O.00041155 http://www.streetinsider.com/SEC+Filings/Form++8-A12B+++++DOMO%2C+INC.+++++++++++++++++++++++++++/26802358.html si-local-file:///var/storage/secattach/20260722/26802358.html http://www.streetinsider.com/SEC+Filings/Form++8-A12B+++++DOMO%2C+INC.+++++++++++++++++++++++++++/26802358.html Wed, 22 Jul 2026 16:45:00 -0400 DOMO O.00041155 http://www.streetinsider.com/SEC+Filings/Form++8-A12B+++++DOMO%2C+INC.+++++++++++++++++++++++++++/26802358.html si-local-file:///var/storage/secattach/20260722/26802358.html http://www.streetinsider.com/SEC+Filings/Form++8-A12B+++++DOMO%2C+INC.+++++++++++++++++++++++++++/26802358.html Wed, 22 Jul 2026 16:45:00 -0400 DOMO O.00041155 http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802028.html si-local-file:///var/storage/secattach/20260722/26802028.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802028.html Wed, 22 Jul 2026 16:24:00 -0400 DOMO O.00041155 http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802028.html si-local-file:///var/storage/secattach/20260722/26802028.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++DOMO%2C+INC.++++++++++++++++For%3A+Jul+22/26802028.html Wed, 22 Jul 2026 16:24:00 -0400 DOMO O.00041155 http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html <p>Progress Software (NASDAQ: PRGS) has agreed to acquire substantially all of the assets of Domo (NASDAQ: DOMO), including its AI and data products platform, for a cash purchase price of $400 million, according to a company statement.</p> <p>The transaction is structured as an asset purchase, with Progress assuming certain Domo liabilities. Progress plans to finance the deal using a combination of cash and its existing revolving credit facility. The acquisition is expected to close before Progress' fiscal year ends on November 30, 2026, subject to regulatory approvals and other customary closing conditions.</p> <p>Domo brings a customer base of more than 2,400 businesses http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html Wed, 22 Jul 2026 16:15:16 -0400 DOMO PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html <p>Progress Software (NASDAQ: PRGS) has agreed to acquire substantially all of the assets of Domo (NASDAQ: DOMO), including its AI and data products platform, for a cash purchase price of $400 million, according to a company statement.</p> <p>The transaction is structured as an asset purchase, with Progress assuming certain Domo liabilities. Progress plans to finance the deal using a combination of cash and its existing revolving credit facility. The acquisition is expected to close before Progress' fiscal year ends on November 30, 2026, subject to regulatory approvals and other customary closing conditions.</p> <p>Domo brings a customer base of more than 2,400 businesses http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html Wed, 22 Jul 2026 16:15:16 -0400 DOMO PRGS