Almost 2 Years Ago
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CCO up 15%. The primary reasons:



Shares of Clear Channel Outdoor Holdings (CCO) are trading 15% higher at a price of $1.215 at the time of this writing. The stock popped on news it was nearing a sale of its British and European business units. The price continues to track around Citi's price target of $1.25.

Clear Channel Outdoor Holdings has been trading between a 52-week high of $4.1 and a 52-week low of $0.9069. The stock has a market cap of $577 Million.

Clear Channel Outdoor Holdings, Inc. is one of the world's largest outdoor advertising companies with a diverse portfolio of approximately 500,000 print and digital displays in 31 countries across North America, Europe, Latin America and Asia, reaching millions of people monthly. A growing digital platform includes nearly 17,000 digital displays in international markets and more than 2,000 digital displays (excluding airports), including more than 1,400 digital billboards, in the U.S. Comprised of two business divisions - Clear Channel Outdoor Americas (CCOA), the U.S. and Caribbean business division, and Clear Channel International (CCI), covering markets in Europe, Latin America and Asia - CCO employs approximately 4,800 people globally.