Market Overview Investor Sees Company Worth $14-$19.40/Share


Engine Capital has issued an open letter to, Inc. (NYSE: CRCM) board calling on the board to ”to initiate a parallel process to explore strategic alternatives while searching for a new CEO.”

Engine Capital is a shareholder of and says the company is worth $14-$19.40 per share in a transaction. is headquartered in Massachusetts and helps families find child care, senior care, special needs care, tutoring, pet care and housekeeping.

The full text of Engine Capital's letter to the Board can be viewed here. shares were trading up 6.7% at $9.97 in Thursday’s pre-market session. The stock has a 52-week high of $25.81 and a 52-week low of $7.61 cents.

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