E2open Parent Surges 357% in Trading Volume to Rank 138th as WiseTech Global Acquisition Announced

Generated by AI AgentAinvest Volume Radar
Tuesday, May 27, 2025 8:01 pm ET1min read

On May 27, 2025,

(ETWO) experienced a significant surge in trading volume, with a total turnover of $701 million, marking a 357.43% increase from the previous day. This substantial rise placed E2open at the 138th position in the day's stock market rankings, with the stock price increasing by 24.51%.

E2open Parent Holdings, Inc. (NYSE: ETWO) has entered into a definitive agreement to be acquired by WiseTech Global Limited (ASX: WTC), a leading provider of logistics execution software solutions. This acquisition concludes E2open’s strategic review process, which was previously announced. Under the terms of the transaction, E2open stockholders will receive $3.30 per share in cash, equating to an enterprise value of $2.1 billion.

This acquisition is a significant development for E2open, as it marks the end of a strategic review process aimed at maximizing shareholder value. The deal reflects the growing interest in supply chain and logistics technology, as companies seek to optimize their operations and enhance efficiency. The acquisition by WiseTech Global Limited is expected to provide E2open with new opportunities for growth and innovation, leveraging WiseTech's extensive expertise in logistics execution software solutions.

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