Papa John's sinks nearly 20% on report Apollo withdrew its offer to take chain private

Group 1 - Shares of Papa John's fell nearly 20% following the news that Apollo Global has withdrawn its offer to take the pizza chain private [1] - Apollo Global's bid was valued at $64 per share and was submitted alongside Irth Capital Management [1] - The stock of Papa John's has decreased nearly 30% over the past year [2] Group 2 - Papa John's is set to release its third-quarter earnings report on Thursday [2]