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Monday, December 14, 2020

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OUT OUTFRONT Media Inc. gains 34% Dec 14, 2020

OUTFRONT Media Inc. operates as a real estate investment trust in the United States and Canada. The company provides advertising space on out-of-home advertising structures and sites. Its portfolio primarily consists of billboard displays, which are principally located on the heavily traveled highways and roadways; and transit advertising displays operated under multi-year contracts with municipalities in various cities across the United States and Canada. The company also offers value-added services, such as pre-campaign category research, consumer insights, creative design support, print production, and post-campaign tracking and analytics. It primarily serves the retail, television, and healthcare/pharmaceutical industries. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as CBS Outdoor Americas Inc. and changed its name to OUTFRONT Media Inc. in November 2014. OUTFRONT Media Inc. is based in New York, New York.http://www.priceseries.com/trade/OUT-OUTFRONT-Media-Inc-stock-gains-34-percent-a-Trade-Record-by-priceSeries-2020110320201214.html

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