Workflow
Aaron's (AAN) Surges 33.4%: Is This an Indication of Further Gains?
AANThe Aaron’s pany(AAN) ZACKS·2024-06-18 15:05

Aaron's Company, Inc. (AAN) shares soared 33.4% in the last trading session to close at 10.06.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestocks0.710.06. 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 ...