$114 Take out offer Bidding war expected stk somehow is at $95! SIMO IS A BERRY BERRY GOOD TECH STOCK- and an old old friend- Silicon Motion could see 'bidding war,' says Craig-Hallum 13:49 SIMO, MXL After MaxLinear (MXL) announced a definitive agreement to acquire Silicon Motion (SIMO) in a cash and stock transaction valued at total per ADS consideration of $114.34, Craig-Hallum analyst Anthony Stoss said the announcement "is not much of a surprise" given that potential takeout rumors have recently been circulated. He views Silicon Motion as an attractive target for "several suitors" and believes the announcement "could potentially ignite a bidding war" that "could ultimately drive the takeout price closer to $120 plus," Stoss tells investors. He is reiterating his Buy rating and $120 price target on Silicon Motion shares given what he sees as the potential for a higher bid.
Avista Healthcare Annouonces Merger with Organogenesis https://spacinsider.com› Intel › INTEL Aug 20, 2018—Avista announced they had entered into a merger agreement with Organogenesis, a regenerative medicine company, for an anticipated initial ..
I do think it's one of the better ones. THIS IS VIOLENT ACTION! Most of which being driven by Index funds<---
Index Liquidation. What I think happens from here is no bounce back. A flat line here that drifts lower.
Portillo's Inc. (PTLO) 19.50+0.20(+1.02%) As of 03:07PM EDT. Market open. Portillo’s Inc. (Nasdaq: PTLO) today reported continued growth despite a challenging cost environment for the Chicago-style fast casual chain. First quarter revenue increased by 14.6% year-on-year in the first quarter to $134.5 million, driven by an 8.25% increase in same-restaurant sales, the opening of five new locations in 2021, and the opening of an additional new location in the first quarter. Unprecedented commodity inflation impacting pork, chicken and beef prices pushed down operating income to $6.8 million, a decrease of 37.2% on the year, although net income increased 500% on the year to $600,000, primarily due to lower interest expense of $4.6 million. Part of the offset came from an increase in average menu price of 1.5% during the quarter as a means to combat ongoing inflationary pressures. Adjusted EBITDA for the quarter came in at $17.6 million, or a decrease of 4.9% from the first quarter of 2021, much lower than the 21.6% year-on-year increase in total restaurant operating expenses driven by the opening of the aforementioned six new locations. “We want to be an oasis for our guests – a place they can go to relax and enjoy a good meal at an amazing value,” Michael Osanloo, President and Chief Executive Officer of Portillo’s, said in a statement. “Even in the face of cost pressures, Portillo’s continues to have enviable profitability that provides financial flexibility, keeps our development pipeline on track, and supports our longer-term growth strategy.”
GET AR to $36 and buy again/ Antero Resources Corporation (AR)- 1 yr chart says higher 37.29-1.37(-3.54%) As of 03:12PM EDT.