** Shares of insurance customer acquisition platform MediaAlpha MAX.N plunge as much as 23.9%; last down 20.4% at $9.08
** MAX late Monday forecast Q1 transaction value to be between $415 million and $440 million
** Brokerage J.P.Morgan says MAX's forecast was below the Street consensus of $495 million, a first since the auto insurance recovery began
** The ongoing U.S. Federal Trade Commission investigation remains a headwind and expects MAX shares to trade at a discount until the overhang is resolved - brokerage
** MAX management told analysts that auto carriers started 2025 on a more conservative note, as they don't know what lies in the year ahead
** Still, MAX remains bullish on the auto insurance recovery and expects momentum to continue to build, as the year progresses
** As of last close, MAX stock up 1.1% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。