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The latest update is out from Clear Channel Outdoor ( (CCO) ).
On May 7, 2025, Clear Channel Outdoor Holdings, Inc. announced an agreement to sell its Brazilian business to Publibanca Brasil S.A., an affiliate of Eletromidia S.A., for approximately R$80 million (US$14 million). This sale, expected to close in 2025 pending regulatory approval, is part of Clear Channel’s strategy to optimize its portfolio and focus on its America and Airports segments, marking the divestment of all its Latin American businesses.
Spark’s Take on CCO Stock
According to Spark, TipRanks’ AI Analyst, CCO is a Neutral.
Clear Channel Outdoor’s overall stock score is driven by financial instability and negative profitability, despite operational efforts to improve market focus. Technical and valuation metrics reveal caution, while strategic asset sales offer some positive momentum.
To see Spark’s full report on CCO stock, click here.
More about Clear Channel Outdoor
Clear Channel Outdoor Holdings, Inc. is a leader in the out-of-home advertising industry, known for its innovative dynamic advertising platform. The company expands its digital billboards and displays, integrating data analytics and programmatic capabilities to deliver measurable and easily purchasable campaigns, connecting advertisers with millions of consumers monthly.
Average Trading Volume: 1,966,428
Technical Sentiment Signal: Sell
Current Market Cap: $541.4M
See more data about CCO stock on TipRanks’ Stock Analysis page.