Dayforce Stock Soars 23% Amid Thoma Bravo Acquisition Rumors
Dayforce's stock surged 24% on reports that private equity firm Thoma Bravo is in talks to acquire the company, which could be a move to go private amid undervaluation in public markets. The company, a player in the human capital management sector, has faced recent challenges but shows signs of growth potential, especially in large enterprise markets. Thoma Bravo's history of software acquisitions and its connection to Dayforce's former leadership suggest strategic interest in the company.
