Five9 up on report Anson Funds pushing firm to explore sale

Five9

11/07/2024 18:28

** Shares of call center software firm Five9  FIVN.O  rise
3.4% to $41.34
    ** Investment firm Anson Funds Management has amassed a
stake in FIVN and is urging it to consider a sale, Reuters
reported, citing people familiar with the matter
    ** This comes after FIVN last year rebuffed an acquisition
bid from Zoom Video Communications  ZM.O 
    ** Up to last close, stock down 45.1% YTD

 (Reporting by Harshita Mary Varghese in Bengaluru)
 ((HarshitaMary.Varghese@thomsonreuters.com))