CRHC Stock Overview
Cohn Robbins Holdings Corp. does not have significant operations.
Cohn Robbins Holdings Corp. Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.93|
|52 Week High||US$10.05|
|52 Week Low||US$7.85|
|1 Month Change||-0.90%|
|3 Month Change||-0.20%|
|1 Year Change||1.33%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||1.85%|
Recent News & Updates
Allwyn, SPAC Cohn Robbins terminates proposed business combination
Europe’s largest lottery operator Allwyn and Cohn Robbins Holdings (NYSE:CRHC) have mutually agreed not to proceed with their previously proposed business combination, as the marketing period coincided with significant market volatility amid a backdrop of concerns about the prospects for inflation, interest rates and recession. After consideration, Allwyn and Cohn Robbins have jointly decided not to proceed with the transaction. Allwyn remains committed to joining the public markets in due course when conditions are more favorable and to expanding its business into the US. CRHC’s board will consider in due course CRHC’s next steps, including whether to seek an alternative business combination.
PPF Group to provide $260M backstop financing to Allwyn Entertainment and Cohn Robbins
Allwyn Entertainment and Cohn Robbins (NYSE:CRHC) announced that PPF Group, which currently owns ~4M shares of CRHC, has agreed to purchase up to an additional 26M Allwyn shares at $10.00 per share in connection with the previously announced business combination between Allwyn and CRHC. Commenting on PPF Group's commitment in support of the business combination, Karel Komárek, Chairman of the board of directors of Allwyn and founder of Allwyn's majority shareholder, KKCG Investment Group, stated, "We have always grown Allwyn through carefully chosen partnerships, and I am very pleased that Allwyn will again have the support of PPF Group as we pursue the growth opportunities that I believe an NYSE listing will help to accelerate."
|CRHC||US Capital Markets||US Market|
Return vs Industry: CRHC exceeded the US Capital Markets industry which returned -27% over the past year.
Return vs Market: CRHC exceeded the US Market which returned -23.7% over the past year.
|CRHC Average Weekly Movement||6.0%|
|Capital Markets Industry Average Movement||0.5%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: CRHC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CRHC's weekly volatility (6%) has been stable over the past year.
About the Company
Cohn Robbins Holdings Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was formerly known as CSR Acquisition Corp. Cohn Robbins Holdings Corp. was incorporated in 2020 and is based in Wilmington, Delaware.
Cohn Robbins Holdings Corp. Fundamentals Summary
|CRHC fundamental statistics|
Is CRHC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CRHC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.12|
|Net Profit Margin||0.00%|
How did CRHC perform over the long term?See historical performance and comparison