|Last Price$27.42||Day Change (%)0.85%|
|Open Price$27.24||Day Change ($)0.23|
|Day Range27.14–27.61||52-Week Range22.72–36.34|
As of Fri 7/22/2016 5:00:00 PM | USD
Sonic SONC announced Monday that it is now willing to pay as much as $23 per share (up from its previous announcement of $22) in its modified Dutch auction tender offer. We'd still be reluctant to tender shares of this company, which has strong prospects for growth. Our fair value estimate stands ...