DAY · Analysis updated Nov 6, 2026, 9:50 AM ET
Why is Dayforce (DAY) stock moving?
Dayforce is no longer a public stock. Thoma Bravo completed its roughly $12.3B take-private on Feb 4, 2026, paying $70.00 per share in cash, and the shares were delisted. No market data is available, which fits a delisted ticker. The newest item found is a Sep 22 Fitch rating action. It assigned a 'B' issuer rating with a Stable Outlook and affirmed 'B+' on the $5.5B term loan, and it expects low double-digit growth and easing leverage over 12-18 months. That is credit information, not an equity catalyst. There is no tradable equity for public investors, so no price-based view applies. Any DAY quote still shown by data providers is stale.
News behind the analysis
- Dayforce assigned 'B' IDR as Fitch sees leverage easing after Thoma Bravo dealFitch gave Dayforce a 'B' issuer rating with a Stable Outlook. It affirmed 'B+' on the $5.5B first-lien term loan and expects low double-digit growth near term.
- Dayforce (Thoma Bravo portfolio page)Thoma Bravo's portfolio page lists the Feb 4, 2026 completion of the acquisition. It also lists April 2026 interviews on the deal and on scaling Dayforce.
- Thoma Bravo takes Dayforce (NYSE: DAY) private with merger and note changesAn 8-K shows the merger closed Feb 4, 2026. Dayforce became a wholly owned private subsidiary of a Thoma Bravo affiliate, ending its status as a public issuer.
- Thoma Bravo Completes Acquisition of DayforceThoma Bravo announced it completed the roughly $12.3B acquisition of Dayforce. The company is to focus on growth and AI in human capital management as a private company.
- Thoma Bravo completes acquisition of DayforcePress release on the closing of the deal, with comments from Thoma Bravo's Holden Spaht and Tara Gadgil.
- Dayforce stockholders approve acquisition by Thoma BravoStockholders approved the deal on Nov 12, 2025. Each share was to receive $70.00 in cash.
- Dayforce sold to Thoma Bravo for $12.3bnThe deal was backed by a $6B Goldman Sachs debt package. Dayforce's stock was to be delisted on completion.