Acxiom Is On A Tear

  • The company exceeded expectations for the sale of its AMS business at $2.3B, which was almost equal the entire market cap at the time of announcement.
  • The company that’s left, LiveRamp, is just one quarter, but it’s growing much faster albeit having considerably worse margins.
  • But these margins are improving rapidly and the remaining company still doesn’t seem terribly expensive, despite the rally the last two days.

Source: Acxiom Is On A Tear – Acxiom Corporation (NASDAQ:ACXM) | Seeking Alpha