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New Relic, Inc. - $NEWR STOCK NEWS

Welcome to our dedicated page for New Relic news (Ticker: $NEWR), a resource for investors and traders seeking the latest updates and insights on New Relic stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect New Relic's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of New Relic's position in the market.

Rhea-AI Summary
Virgin Australia deepens partnership with New Relic to enhance online services and customer experiences
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Rhea-AI Summary
Kaskela Law LLC is investigating the proposed stockholder buyout of New Relic, Inc. by private investment firms Francisco Partners and TPG. The buyout price of $87.00 per share in cash appears to undervalue New Relic's shares, as the stock had traded at $86.00 per share less than three months ago. Several stock analysts had assigned price targets well above the buyout price. Kaskela Law is investigating whether shareholders will receive sufficient cash consideration and whether fiduciary duties were breached.
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New Relic announces Q1 fiscal year 2024 results with total revenue of $242.6 million, up 12% YoY. The company enters into a definitive agreement to be acquired by Francisco Partners and TPG for $6.5 billion.
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13.41%
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New Relic has entered into a definitive agreement to be acquired by Francisco Partners and TPG for $87.00 per share in cash. The transaction values New Relic at approximately $6.5 billion, representing a premium of approximately 26% to its 30-day volume-weighted average closing price. Upon completion of the transaction, New Relic will become a private company with enhanced flexibility to continue investing in its observability platform.
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13.41%
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NEWR: New Relic Announces Public Preview of New Relic Interactive Application Security Testing (IAST), offering advanced detection accuracy, proof-of-exploit, and guided remediation to eliminate vulnerabilities before deploying applications to production. New Relic IAST provides 360 visibility, reduces false positives, and accelerates remediation, with a free 90-day trial period. Key features include proof of exploit, guided remediation, and seamless integration with CI/CD pipelines.
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2.16%
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News
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New Relic, the observability company, has announced its goal to achieve net-zero greenhouse gas emissions by 2030, making it the first observability company to set such a target.
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2.96%
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2.68%
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New Relic, Inc.

NYSE:NEWR

NEWR Rankings

NEWR Stock Data

6.18B
56.65M
11.4%
84.63%
2.64%
Software Publishers
Information
Link
US
San Francisco

About NEWR

new relic provides real-time performance insights into software, infrastructure and customer experience so software-driven businesses can innovate faster. new relic cuts through the complexity and risk associated with digital transformation, allowing you to accelerate cloud adoption, make devops work, and prepare for digital moments of truth.