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After-hours movers: Arcutis gains on upgrade, Bloomin' Brands up on Starboard deal
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After-Hours Stock Movers:
Arcutis Biotherapeutics Inc . (NASDAQ:ARQT) 6% HIGHER; Mizuho Securities upgrades to Buy with an $8.00 price target.
PGT Innovations, Inc. (NYSE:PGTI) 4% HIGHER; received an unsolicited proposal from Miter Brands to acquire all outstanding shares of PGT Innovations’ common stock for $41.50 per share in cash. The company is currently in an agreement to be acquired by Masonite International Corp . (NYSE:DOOR) for $41 per share.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) 3% HIGHER; named Dave George, former Chief Operating Officer of Darden Restaurants, and Jon Sagal, Partner at Starboard Value LP, to the board.
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