MDC Partners’ shares tumbled after the ad holding company disclosed a Securities and Exchange Commission investigation into Chief Executive Miles Nadal’s expenses, the firm’s accounting practices and third-party trading in the company’s securities.
MDC is trading at the lowest price to book value of any small or large cap homebuilder. The company is set up to once again beat earnings estimates when it repo MDC is trading at the lowest price to book value of any small or large cap …
Mr. Weisenburger pounced shortly after news of the investigation broke. That news initially sent MDC stock from $28 to a low of $18. He made another investment for an undisclosed amount this month, after the company announced that Mr. Nadal, along with MDC ...
Ad Age · 2y
Miles Nadal spent more than three decades doing his best to get noticed as the high-flying chief executive of MDC Partners Inc. But this week ... leaving investors in a state of vertigo as the stock soared and crashed on every dizzying deal.
M.D.C. Holdings (MDC): MDC stock is up 1.0% today. Beacon Roofing Supply (BECN ... For more information on the best stocks to buy right now, check out the latest commentary on InvestorPlace.com. And for more on the hot stocks moving most on Wall Street ...
MDC owns small agencies such as Crispin Porter + Bogusky and Kirshenbaum Bond Senecal + Partners. The stock declined over the year (from ~$17.52 to ~$12.98) even as revenues grew 37 percent to about $1 billion. More than half that growth came from ...
MDC Partners Inc.’s stock took a sharp dive Tuesday after the ad company disclosed its Chief Executive Miles Nadal planned to sell nearly 40% of his stake, or about 3.5 million shares. The sale reduces Mr. Nadal’s stake in MDC to 11.1% from roughly 18.4%.
MDC Partners' stock jumped 9.7% as investors reacted favorably to the company's strong full-year and fourth-quarter earnings yesterday. For the quarter, revenue was up 5.6%, and organic revenue increased 7.2% compared to the same period last year.
Ad Age · 2y
Some of the biggest gainers among capital goods stocks include: Standard Pacific LP (SPF): SPF stock is up 1.3% today. M.D.C. Holdings (MDC): MDC stock is up 1.3% today. D.R. Horton (DHI): DHI stock is up 1.4% today. Toll Brothers Inc (TOL): TOL stock is ...
after selling off stock in two recent sales — one worth 1.84 million Class A shares, in October, and another worth 3.2 million shares last week, a liquidation worth more than US$100 million. MDC Partners Inc facing crisis even after Nadal’s departure ...