Why Is BurgerFi International (BFI) Stock Up 71% Today?

This will have BurgerFi International paying $1.35 million to Lion Point Capital, LP. It will also see it issue the company 300,000 shares of Series A Preferred Stock. David Heidecorn, chairman of the board at BurgerFi International, said the following about the settlement news. "We are pleased to be putting this litigation matter with Lion Point firmly behind us. Our intention is to continue to explore strategic alternatives that we believe would be in the best interests of the Company and its stakeholders ...