NASDAQ:DFRG - Nasdaq -
About 60% of businesses that have closed their doors during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp.As of August 31, nearly 163,700 businesses on Yelp have closed since March 1, marking a 23% increase from July 10 (of those, about 98,000 say they have shuttered for good).
In an interview with MarketWatch, Grubhub (NYSE:GRUB) CEO Matt Maloney gave his perspective on the state of the restaurant industry. Here are some snippets:"The problem the restaurant industry is
Getting creative with earnings adjustments helps sell deals.
U.S. stock futures decline as market sentiment is soured by escalating protests in Hong Kong; sales for Alibaba's Single Day smash records; Saudi Aramco unveils some details about its IPO; Goldman Sachs and Apple criticized over possible sex bias with Apple Card.
L Catterton has announced it will acquire Del Frisco’s Restaurant (NASDAQ: DFRG) and in an all cash transaction valued at $650 million. Del Frisco’s stockholders will...
Plus, Investors’ Takes on 8 Other Deals
Engaged Capital discloses that it lowered its stake in Del Frisco's Restaurant Group (NASDAQ:DFRG) to 2.4% from 9.9%. DFRG -0.13% AH to $7.91. SEC Form 13D/A
Gamco Investors and affiliates report a 5.2% stake in Del Frisco's Restaurant Group (NASDAQ:DFRG) in an initial 13D filing. The affiliates used about $13.78M to buy in. Gamco says it doesn't intend t
Gainers Krystal Biotech Inc (NASDAQ: KRYS) shares jumped 101% to close at $2.05 on Monday after the company announced positive results from its Phase 2 clinical trial of KB103...
IMUX – IMUX leads the way today as the best performing small cap stock, closing up 90.86%.
Del Frisco's Restaurant Group (DFRG) stock is soaring today on news of a buyout offer from L Catterton that is worth about $650 million.
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Gainers: VivoPower International (NASDAQ:VVPR) +108%. Minerva Neurosciences (NASDAQ:NERV) +43%. PCM (NASDAQ:PCMI) +42%. Krystal Biotech (NASDAQ:KRYS) +30%. NRC Group Holdings (NYSEMKT:NRCG) +26%. Indi
DFRG – Del Frisco’s is being acquired by private-equity firm L Catterton for $8 a share.