Why Did Tri Pointe Homes (TPH) Stock Jump 25%? $4.5B Buyout Deal
Tri Pointe Homes stock jumped more than 25% after Sumitomo Forestry agreed to buy the company for $4.5 billion in cash, or $47 per share.
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BTC$61,077.00-1.94%
ETH$1,630.69-1.67%
USDT$0.9986-0.01%
USDC$0.9998+0.00%
XRP$1.07-1.25%
SOL$68.15-1.23%
TRX$0.3284-0.77%
FIGR_HELOC$1.03-0.65%
HYPE$62.70+1.21%
DOGE$0.0761-2.84%
USDS$0.99980.00%
RAIN$0.0158-1.79%
LEO$9.39-1.26%
ZEC$412.15+0.39%
XLM$0.1821-4.08%
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Tri Pointe Homes stock jumped more than 25% after Sumitomo Forestry agreed to buy the company for $4.5 billion in cash, or $47 per share.
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