WEBR Stock Recent News

After the closing bell on Monday, Weber Inc.'s largest shareholder, BDT Capital Partners, made an offer to buy the outdoor grill maker's remaining shares for $6.25 apiece.

Weber Inc  (NYSE:WEBR) is surging today, last seen up 30.4% to trade at $6.57, after BDT Capital Partners offered to buy the grill company for $6.25 per share, or about $1.8 billion, which is a 24.3% premium to yesterday's close.

Yahoo Finance Live anchors Brad Smith and Brian Sozzi discuss shares of Weber after its largest shareholder makes an offer to acquire the grill maker.

BDT Capital Partners offered to acquire the company's outstanding shares of class A common stock for $6.25 a cash---in cash.

The grill maker received a compelling buyout offer.

Weber (NASDAQ: WEBR ), the outdoor grill maker whose stock became a failed meme while losing half its value, jumped 25% on a buyout offer from its largest shareholder. BDT Capital Partners, led by Byron Trott, is offering to take the company private at $6.25 share.

Weber Inc.'s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker's remaining shares for $6.25 apiece.

Although contrarianism captured headlines through the first two years of the coronavirus pandemic, it's now time for investors to consider the topic of short-squeeze stocks to sell before traders cash out. Fundamentally, when bears target weak companies, it's usually for glaring vulnerabilities.

A few weeks into the final quarter of a tumultuous year, a handful of stocks in Bill Gates (Trades, Portfolio)' foundation trust portfolio are trading near their 52-week lows as the market continues to contend with rising inflation and interest rate hikes.

Weber (NYSE: WEBR ) stock is rising today on news of a possible takeover. The company known for producing grills has gained attention as a likely short squeeze candidate.