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Evercore Inc. (EVR) stock surged +2.55%, trading at $310.25 on NYSE, up from the previous close of $302.55. The stock opened at $318.42, fluctuating between $305.55 and $320.65 in the recent session.
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.
Employees | 2395 |
Beta | 1.4 |
Sales or Revenue | $2.44B |
5Y Sales Change% | 0.396% |
Fiscal Year Ends | December |
Sector | Financial Services |
Industry | Financial - Capital Markets |
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