Pre-Negotiated, Expedited Restructuring Expected to Substantially Reduce Debt and Optimize Liquidity
Party City Stores Open, Serving Customers as the "Go To" One-Stop-Shop for All Things Celebration
$150 Million Financing Commitment to Support Ongoing Operations Across All Divisions
Several favorite stocks among retail traders are rocketing higher Wednesday in what could be seen as a short squeeze. Here’s a look at the stocks moving and what could be next.
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 100 points on Tuesday.
The Dow traded up 0.40% to 33,653.27 while the NASDAQ rose 0.83% to 10,724.37. The S&P 500 also rose, gaining, 0.55% to 3,913.66.
PRTY++ AXIOS reporting that the Franchise Group could be looking at acquiring PRTY Franchise Group, the parent of supplements retailer Vitamin Shoppe and tutoring services