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Driven Brands Holdings Inc. (NASDAQ:DRVN – Get Free Report) shares gapped down before the market opened on Friday after Piper Sandler lowered their price target on the stock from $18.00 to $14.00. The stock had previously closed at $11.69, but opened at $11.35. Piper Sandler currently has an overweight rating on the stock. Driven Brands […]
Beck Bode LLC purchased a new position in Driven Brands Holdings Inc. (NASDAQ:DRVN – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,658 shares of the company’s stock, valued at approximately $252,000. Several other institutional investors also recently added to […]
Driven Brands (NASDAQ:DRVN – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.88-1.00 for the period, compared to the consensus earnings per share estimate of $0.95. The company issued revenue guidance of $2.35-2.45 billion, compared to the consensus revenue estimate of […]
Driven Brands Holdings Inc. (NASDAQ:DRVN – Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 4,900,000 shares, an increase of 12.9% from the March 31st total of 4,340,000 shares. Based on an average trading volume of 1,060,000 shares, the short-interest […]
CHARLOTTE, N.C.--(BUSINESS WIRE)--May 2, 2024--