Why At Home Group Stock Rocketed Higher Today

Why At Home Group Stock Rocketed Higher Today

Home decor retailer At Home Group (NYSE: HOME) is getting acquired by private equity firm Hellman & Friedman, according to an official press release from the company. The buyout price is $36 per share, a healthy premium to where the stock traded yesterday. Because of this, At Home stock rocketed 16% higher today to trade around its buyout price.