Episode

Premier Fund Sells Big Stake in CBIZ

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
May 30, 2026
Duration seconds
88
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Summary

Premier Fund Managers just unloaded 614,524 shares of CBIZ in Q1, worth about $21.68 million — a major portfolio shift that contributed to a $31M net loss for the firm. CBIZ, a long-standing provider of accounting, tax, insurance, and IT services for SMBs in the U.S. and Canada, is struggling — shares down 60% year-to-date, lagging the S&P 500. This exit may signal broader market concerns or strategic realignment, making CBIZ’s next moves critical to watch. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/f7587a48ea2290d6