Tuchman Reverses Decision to Make TTEC Holdings, Inc. (TTEC) Private

With a share price under $3 and strong hedge fund interest, TTEC Holdings, Inc. (NASDAQ:TTEC) secures a spot on our list of the 10 Best AI Stocks to Buy Under $3.

Tuchman Reverses Decision to Make TTEC Holdings, Inc. (TTEC) Private

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On August 1, 2025, TTEC Holdings, Inc. (NASDAQ:TTEC) announced Chairman and CEO Kenneth Tuchman’s decision not to pursue his prior proposal to take the company private. With the preliminary, non-binding offer made in September 2024, Tuchman expressed his intention to acquire all outstanding shares not already held by him and his affiliates.

However, Tuchman reversed his decision to make TTEC Holdings, Inc. (NASDAQ:TTEC) private, citing market conditions. Looking ahead, the board remains confident in the company’s leadership, reaffirming its commitment to delivering long-term shareholder value as a public entity.

This development comes shortly before TTEC Holdings, Inc. (NASDAQ:TTEC)’s Q2 2025 earnings release, scheduled for August 7, 2025.

With its AI-powered, digital-first customer experience (CX) solutions, TTEC Holdings, Inc. (NASDAQ:TTEC) helps enterprises create seamless, intelligent, and personalized interactions across all customer interaction channels. It is included in our list of the best AI stocks.

While we acknowledge the potential of TTEC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TTEC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.