Extended Stay's stock soars after WSJ report of $6 billion buyout deal with Blackstone, Starwood

Dow Jones2021-03-15

Shares of Extended Stay America Inc. (STAY) soared 15.9% toward a 2-year in premarket trading Monday, after The Wall Street Journal reported and Starwood Capital Group in a deal valued at $6 billion. The WSJ report did not have a per-share price paid, but said the companies will release details of the deal on Monday. Extended Stay's stock closed Friday at $16.94, giving the company a market capitalization of $3.01 billion. The stock has rallied 137.9% over the past 12 months, while the S&P 500 has gained 45.5%.

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精彩评论

chelvi
2021-03-15
chelvi
Like and share
Tardetrade
2021-03-15
Tardetrade
👍
- Tan2heng:
  Ok
gangan
2021-03-15
gangan
Hohoho
1nu
2021-03-15
1nu
Nice
- Jason138:
  Yes
kenneeth
2021-03-15
kenneeth
Test
AlexWong
2021-03-15
AlexWong
Swee!!!!

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