The New Home Company Inc. (NYSE:NWHM) today announced selected preliminary results for the 2021 second quarter in connection with meetings with investors. These estimated results are preliminary and
Gainers
The New Home Company Inc. (NYSE: NWHM) jumped 82.9% to settle at $8.89 on Friday after the company agreed to be acquired by funds managed by affiliates of Apollo Global Management for $9 per share in all-cash transaction.
Midway through trading Friday, the Dow traded up 0.64% to 35,045.54 while the NASDAQ rose 0.76% to 14,796.74. The S&P also rose, gaining 0.83% to 4,403.64.
Following the market opening Friday, the Dow traded up 0.31% to 34,929.65 while the NASDAQ rose 0.36% to 14,737.46. The S&P also rose, gaining 0.44% to 4,386.57.
Purchase Price of $9.00 per Share in All-Cash Transaction Valued at $173 Million in Equity Value
Transaction to Provide Flexibility and Capital to Accelerate Growth
The New Home Company (NYSE:NWHM)