Geopolitics Alpha

Cintas, UniFirst shares tumble as FTC signals intent to block $5.5 billion merger

Published . Updated .

GEOPOLITICS ALPHACintas, UniFirst shares tumble asFTC signals intent to block $5.5billion mergerCTASUNFGEOPOLITICS ALPHA

This report does not map to a usual set of affected companies.

Directly affected

  • CTAS Cintas+12.7% 30d

    Named in this report.

  • UNF Unifirst+3.5% 30d

    Named in this report.

Indirectly affected

  • XLY Consumer Discretionary Select Sector SPDR+1.3% 17d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that Cintas belongs to, so it often moves with news about it.

  • RL Ralph Lauren+16.2% 30d

    Ralph Lauren is a peer of Cintas in men's and boys' furnishgs, work clothg, and allied garments; rivals often move on the same news.

  • VFC V.F

    V.F is a peer of Cintas in men's and boys' furnishgs, work clothg, and allied garments; rivals often move on the same news.

  • KTB Kontoor Brands+12.2% 30d

    Kontoor Brands is a peer of Cintas in men's and boys' furnishgs, work clothg, and allied garments; rivals often move on the same news.

  • PVH Pvh+18.6% 30d

    Pvh is a peer of Cintas in men's and boys' furnishgs, work clothg, and allied garments; rivals often move on the same news.

  • SCI Service Corporation International+1.5% 30d

    Service Corporation International is a peer of UniFirst in personal services; rivals often move on the same news.

  • HRB H&R Block-3.1% 30d

    H&R Block is a peer of UniFirst in personal services; rivals often move on the same news.

  • AMZN Amazon.com+0.2% 30d

    Amazon.com is a large consumer company like UniFirst; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CTAS-3.99%-0.86%base-4.68%after closeafter closeafter close
UNF-4.49%-0.04%base-7.92%after closeafter closeafter close
XLYNo price data for this ticker———————
RLNo price data for this ticker———————
VFCNo price data for this ticker———————
KTBNo price data for this ticker———————
PVHNo price data for this ticker———————
SCINo price data for this ticker———————
HRBNo price data for this ticker———————
AMZNNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Cintas, UniFirst shares tumble as FTC signals intent to block $5.5 billion merger Investing.com

Source: Investing.com

This story

CompanyWhenMoveStatus
CTASthat day-4.68%still updating
CTASthree days earlier-0.86%final price
CTASfive days earlier-3.99%final price
UNFthat day-7.92%still updating
UNFthree days earlier-0.04%final price
UNFfive days earlier-4.49%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100Price not final

“Cintas, UniFirst shares tumble as FTC signals intent to block $5.5 billion merger” scores 12 out of 100. The score uses 1 sources. The price is not final yet.