financetom
Business
financetom
/
Business
/
Red Robin Gourmet Plans Secondary Offering of 1.6 Million Shares; Stock Drops After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Red Robin Gourmet Plans Secondary Offering of 1.6 Million Shares; Stock Drops After Hours
Dec 23, 2024 3:04 PM

05:30 PM EST, 12/23/2024 (MT Newswires) -- Red Robin Gourmet Burgers ( RRGB ) said late Monday that it filed a registration statement with the Securities and Exchange Commission for a proposed offering of about 1.6 million common stock from time to time in one or more offerings by selling stockholders.

The company will neither sell shares in the offering nor receive any proceeds from the sale.

Shares of Red Robin Gourmet Burgers ( RRGB ) fell 4.9% in after-hours activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Verizon to cut about 15,000 jobs, source says
Verizon to cut about 15,000 jobs, source says
Nov 13, 2025
Nov 13 (Reuters) - Verizon is planning to cut about 15,000 jobs, a person familiar with the matter told Reuters on Thursday. The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week, the person said. Verizon did not immediately respond to a Reuters request for...
Citgo raises profit to $167 million, liquidity up to $2.75 billion
Citgo raises profit to $167 million, liquidity up to $2.75 billion
Nov 13, 2025
HOUSTON, Nov 13 (Reuters) - U.S. Citgo Petroleum's profit rose to $167 million in the third quarter from $100 million in the previous period, while the liquidity of the Venezuela-owned refiner increased to $2.75 billion from $2.6 billion, the company said on Thursday. ...
Why Paysafe Stock Is Falling Today
Why Paysafe Stock Is Falling Today
Nov 13, 2025
Paysafe Limited ( PSEWF ) tumbled on Thursday after the company delivered a disappointing quarterly update and slashed its full-year outlook. The payments provider reported weaker results across key metrics and warned of softer expectations ahead, sending investors rushing for the exits. The company reported third-quarter adjusted earnings per share of 70 cents, missing the analyst consensus estimate of 73...
On Holding Smashes Q3 Expectations, Raises Outlook; Set To Outperform Peers: Analysts
On Holding Smashes Q3 Expectations, Raises Outlook; Set To Outperform Peers: Analysts
Nov 13, 2025
Shares of On Holding ( ONON ) climbed in early trading on Wednesday, after the company Tuesday reported upbeat second-quarter results. Here are some key analyst takeaways: Needham analyst Tom Nikic reaffirmed a Buy rating, while cutting the price target from $62 to $52. Telsey Advisory Group analyst Cristina Fernández maintained an Outperform rating and price target of $65. BTIG...
Copyright 2023-2026 - www.financetom.com All Rights Reserved