Ambac Financial Group's stock is experiencing an uptick following positive sentiment around its strategic shift from guarantee insurance to specialty property-casualty insurance and distribution. A recent analysis highlighted that despite a decrease in tangible book value per share, the company's sale of its legacy business and recent acquisitions are anticipated to enhance financial performance and boost e
Ambac Financial Group, Inc. (AMBC) shares are experiencing an uptick today, likely influenced by recent institutional activity and analyst upgrades. State Street Corp's recent filing revealed an increase in its holdings of Ambac Financial by 2.6% during the third quarter, adding 42,504 shares to its portfolio. This move signifies growing confidence among institutional investors in Ambac's potential. Additio
Ambac Financial Group, Inc. (AMBC) shares are experiencing a modest uptick today, likely influenced by recent institutional interest. State Street Corp recently increased its holdings in Ambac by 2.6% during the third quarter, adding 42,504 shares to its portfolio. This move, disclosed in a filing with the SEC, indicates growing confidence among institutional investors in Ambac's potential. Additionally, ot
Ambac Financial Group, Inc. (AMBC) shares experienced a decline in after-hours trading, influenced by broader market movements following the Federal Reserve's recent interest rate decision. The Fed cut rates by a quarter of a percentage point, but its projections indicated a slower pace of future cuts, which unsettled investors. This cautious outlook, coupled with concerns over tariffs and a strong labor ma
Ambac Financial Group, Inc. (AMBC) shares are seeing an uptick in after-hours trading following the disclosure that Stone House Capital Management, LLC, a member of a 10% ownership group, purchased a significant amount of the company's Class A Common Shares. According to a recent SEC Form 4 filing, Stone House Capital acquired 250,000 units at a price of $5.63 per share, totaling $1,407,500. This substantia
Ambac Financial Group, Inc. (AMBC) shares are experiencing a slight decline today, which may be attributed to the recent disclosure that Charles Schwab Investment Management Inc. reduced its stake in the company by 7.6% during the third quarter. This reduction, as reported in a Form 13F filing, involved the sale of 45,669 shares, leaving Schwab with 553,399 shares valued at $6.20 million. Such moves by inst