Biglari Holdings Inc. News Release
Rhea-AI Summary
Biglari Holdings (NYSE: BH.A; BH) has announced its dual listing on the NYSE Texas, a new fully electronic equities exchange based in Dallas, Texas. The dual listing will become effective on August 15, 2025. The San Antonio-based holding company joins the NYSE Texas Founding Members community, marking an expansion of its market presence.
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News Market Reaction 26 Alerts
On the day this news was published, BH gained 8.54%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.5% during that session. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $57M to the company's valuation, bringing the market cap to $723M at that time. Trading volume was elevated at 2.1x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
"We are excited to welcome
About Biglari Holdings Inc.
Biglari Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance and reinsurance, licensing and media, restaurants, and oil and gas.
Risks Associated with Forward-Looking Statements
This news release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ markedly from those projected or discussed here. Biglari Holdings cautions readers not to place undue reliance upon any such forward-looking statements, for actual results may differ materially from expectations. Biglari Holdings does not update publicly or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. Further information on the types of factors that could affect Biglari Holdings and its business can be found in the Company's filings with the SEC.
View original content:https://www.prnewswire.com/news-releases/biglari-holdings-inc-news-release-302530325.html
SOURCE Biglari Holdings Inc.
FAQ
When will Biglari Holdings (BH) start trading on NYSE Texas?
What is NYSE Texas where Biglari Holdings will be dual listed?
Which stock symbols will Biglari Holdings trade under on NYSE Texas?
What is the significance of Biglari Holdings joining NYSE Texas?
