Aaron's (AAN) Surges 33.4%: Is This an Indication of Further Gains?

Aaron's Company, Inc. (AAN) shares soared 33.4% in the last trading session to close at $10.06. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.7% loss over the past four weeks.The Aaron’s stock moved higher after it signed an agreement to get acquired by IQVentures Holdings, LLC for $10.10 per share in cash, summing up to a total enterprise value of $504 million. The companies expect to close the transaction by the end of 2024 ...