(24/7 MARKET NEWS) – AgroFresh Solutions, Inc. (NASDAQ: AGFS) is trading higher on news of a proposed sale to Paine Schwartz Partners for $3.00 per share.
24/7 MARKET NEWS spotted AgroFresh Solutions, in this morning’s premarket, when it was trading at $1.82, up $0.25 (+15.92%), on over 800 thousand premarket shares.
We stated that its “52-week range is $1.46 to $2.33. $1.90 is a key inflection point, with several weaker inflection points between that at its 52-week high.”
AgroFresh Solutions is now trading at $2.76, up $1.19 (+75.80%), on approximately 15 million shares traded today.
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