WNW - Why Chuy's Holdings Shares Are Trading Higher By 47%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) rose sharply in today's pre-market trading after the company and Darden Restaurants, Inc. (NYSE:DRI) jointly announced that Darden will acquire Chuy's Holdings.
Chuy's Holdings and Darden entered into a definitive agreement in which Darden will acquire all of Chuy's outstanding stock for $37.50 per share in cash. The all-cash transaction has an enterprise value of approximately $605 million.
Chuy’s Holdings shares jumped 47.4% to $37.27 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Onconetix, Inc. (NASDAQ:ONCO) gained 65% to $0.2458 in pre-market trading. On July 15, Onconetix announced closing of warrant exercise for $1.11 million gross proceeds.
- Apollomics, Inc. (NASDAQ:APLM) shares rose 30.4% to $0.2971 in pre-market trading after gaining around 13% on Wednesday. Apollomics late Tuesday announced it had received approval from Nasdaq for a 180-day extension to address non-compliance with its listing requirements due to its share price falling below $1.00 for an extended period.
- Virios Therapeutics, Inc. (NASDAQ:VIRI) rose 19.6% to $0.3480 in pre-market trading after jumping more than 18% ...