Ziff Davis Stock Soars After Selling This Business Unit For $1.2 Billion

Core Insights - Ziff Davis is selling its Connectivity division to Accenture for $1.2 billion, which is close to the company's annual revenue of $1.45 billion over the past four quarters [1] Group 1: Company Performance - The sale of the Connectivity division has led to a significant increase in Ziff Davis' stock price [1] - Ziff Davis has received a Relative Strength Rating upgrade, indicating improving technical performance [2][3] Group 2: Market Position - Ziff Davis shows rising relative price performance, with a jump to an 84 Relative Strength Rating, indicating it is approaching key technical benchmarks [3]