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Stock impact report

UniFirst (UNF) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Unifirst Corporation (UNF) 
Last unifirst corporation earnings: 4/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.unifirst.com/investor-overview
Company Research Source: Yahoo! Finance
rival, Cintas, was in advanced talks to acquire the company at a significant premium. According to news reports, a deal could be announced soon. Discussions reportedly valued UniFirst at more than $275 per share, a notable premium over its previous closing price. The potential for a buyout at a higher value sparked heavy trading interest, which pushed the stock to an all-time high. The activity led to a surge in volatility, which caused trading in the shares to be briefly halted. Is now the time to buy UniFirst? Access our full analysis report here, it's free What Is The Market Telling Us UniFirst's shares are not very volatile and have only had 8 moves greater than 5% over the last year. Moves this big are rare for UniFirst and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 2 months ago when the stock gained 18.4% on the news that the company confirmed it had received an unsolicited, Show less Read more
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